Tag Archives: AD Ports Group

AD Ports Group Delivers an Impressive 56% YoY Increase in EBITDA and 42% Growth in Total Net Profit in Q2 2024

Abu Dhabi, UAE – 13 August 2024:

Condensed Consolidated Profit & Loss

  1. EBITDA is calculated by taking net profit and adding depreciation and amortization, finance costs, income tax expense, impairment of investment properties and subtracting government grants, fair value gain on pre-existing interest in a joint venture and finance income
  2. Based on the weighted average number of shares for the period
Continue reading AD Ports Group Delivers an Impressive 56% YoY Increase in EBITDA and 42% Growth in Total Net Profit in Q2 2024

AD Ports Group Champions Innovation and Sustainability as Official Sponsor of The Arctic Challenge

Abu Dhabi, UAE – 05 August 2024– AD Ports Group, one of the world’s premier facilitators of logistics, industry, and trade, today announced its sponsorship of The Arctic Challenge, a pioneering expedition dedicated to exploring and addressing the environmental impact of climate change in the Arctic region.

The Arctic Challenge aligns perfectly with the Group’s belief that the integration of Environmental, Social, and Governance (ESG) considerations into its business practices drives sustainable growth, creates long-term value for all stakeholders and leads the maritime industry towards a greener futureto.

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Development of the Environmental and Social Impact Study for East Mole Terminal in Pointe Noire

Study is part of AD Ports Group’s Commitment to Construction, Management and Operation of New Terminal in the Republic of the Congo Announced in June 2023

Pointe Noire, Congo – Brazzaville / Abu Dhabi, UAE – 31 July 2024: AD Ports Group (ADX: ADPORTS), a leading facilitator of global trade, logistics and industry, has announced the completion ofan environmental and social impact study, as part of its 30-year concession agreement with the Government of the Republic of the Congo – Brazzaville,for managing and operating the multipurpose New East Mole Terminal in Pointe-Noire in the Republic of the Congo – Brazzaville.

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AD Ports Group and Red Sea Port Authority Sign Three Concession Agreements

AD Ports Group and Red Sea Port Authority Sign Three Concession Agreements to Strengthen Egypt’s Cruise Tourism Sector at Safaga, Hurghada and Sharm El Sheikh Ports

AD Ports Group also Initialled two other Concession Agreements with the General Authority of the Suez Canal Economic Zone for Ro-Ro and Cruise Terminals in Sokhna Port

Abu Dhabi, UAE – 12 June 2024: AD Ports Group (ADX:ADPORTS), a leading global facilitator of logistics, industry and trade today signed a definitive concession agreement with the Red Sea Ports Authority (RSPA) to develop, operate and manage three cruise terminals at Safaga, Hurghada, and Sharm El Sheikh ports.

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AD Ports Group Launches Maritime Sustainability Research Centre

AD Ports Group Launches Maritime Sustainability Research Centre

Facility aims to drive maritime innovation and sustainable growth

Abu Dhabi, United Arab Emirates – 24 May 2024: AD Ports Group (ADX: ADPORTS), a leading facilitator of global trade, logistics and industry, today launched The Maritime Sustainability Research Centre, Abu Dhabi (MSRCAD), a non-profit agency dedicated to joint industry-government academia research, with a focus on sustainability and innovation.

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