Recent Posts

AD Ports Group completes Tbilisi Dry Port acquisition to become majority owner

ABU DHABI/WAM AD Ports Group on Thursday announced the completion of the acquisition process of the Tbilisi Dry Port, which sees the Group become the majority owner with a 60% stake. The state-of-the-art, rail-linked, and custom bonded intermodal logistics hub, in Georgia – scheduled to be operational in October 2024 – further strengthens the Group’s role in connecting Asia and ...

Read More »

AD Ports Group reports 42% growth in total net profit in Q2-24

ABU DHABI/WAM  AD Ports Group on Tuesday announced that its total net profit reached AED439 million in Q2 2024, an increase of 42% Year-on-Year (YoY), while the net profit after minorities reached AED333 million in Q2 2024, an increase of 16% YoY. In a press release, the company said that revenues have more than doubled YoY to AED4.18 billion in ...

Read More »
Send this to a friend