Move provides growth opportunities for Integrated Port, Logistics and Maritime leader
AD Ports Group, part of ADQ, an Abu Dhabi-based investment and holding company with a broad portfolio of major enterprises, confirmed that it now owns stakes in two leading enterprises
AD Ports Group now holds a 22.32% stake in logistics firm Aramex and a 10% stake in UAE-based contractor National Marine Dredging Company, which specialises in engineering, procurement, construction and marine dredging.
“These two leading companies provide a strong strategic fit with AD Ports Group’s vision to develop the maritime and logistics industries across the region and globally,” stated Capt. Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group. “Given the international scope of both Aramex’s and NMDC’s operations, we are confident that there will be significant opportunities for collaboration and growth when aligned with AD Ports Group’s diverse, integrated business model,” he added.