AD Ports Group, announced on Friday that 2024 marked a transformative year for the group, with significant strides in global expansion, strategic investments, and technological innovation.
Financial strength and flexibility
AD Ports Group, announced on Friday that 2024 marked a transformative year for the group, with significant strides in global expansion, strategic investments, and technological innovation.
The group has reinforced its position as a leader in global trade and logistics, setting benchmarks across multiple domains.
AD Ports concluded its dynamic year with the inauguration of CMA Terminals Khalifa Port, a pivotal addition to Khalifa Port. This state-of-the-art terminal enhances Abu Dhabi’s connectivity and strengthens its role as a global logistics hub.
The group also completed its largest-ever acquisition with the integration of Noatum, a move that significantly broadens its economic footprint. These achievements helped propel AD Ports Group into the global top 20 container port operators, as ranked by Drewry International, reflecting its growing global influence.
Expansion into key international markets was another highlight, with ventures in Angola, Egypt, Tanzania, Pakistan, and Georgia, further diversifying the group's operations.
AD Ports demonstrated robust financial performance throughout 2024, earning an A1 credit rating with a stable outlook from Moody’s Ratings.
Residents began entering the southern Lebanese town of Zawtar al-Gharbiyeh on Friday, some inspecting damaged homes and searching for belongings after Israeli troops withdrew and the Lebanese army deployed under a U.S.-brokered agreement.
United Nations Human Rights chief Volker Turk, an outspoken critic of Russia's war in Ukraine and Israel's conduct in Gaza, faces opposition from both countries to a second four-year term ahead of a potentially contentious vote on Friday, diplomats told Reuters.
Iran flew Islamic Revolutionary Guard Corps (IRGC) commanders, military advisers and missile- and drone-related equipment into Yemen this month, according to four sources, in a move that suggests Tehran is seeking to strengthen the ability of its Houthi allies to threaten Red Sea shipping.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.