AD Ports Group concluded 2024 with exceptional growth, cementing its position as a premier integrated trade and logistics provider. With strategic expansions, record-breaking financial results, and international ventures, the Group demonstrated its commitment to enhancing global connectivity and operational excellence.
Key Achievements in 2024
1. Khalifa Port Expansion
The inauguration of CMA Terminals Khalifa Port increased port capacity by 23%, enhancing Abu Dhabi’s trade connectivity. Additionally:
- Autoterminal Khalifa Port experienced a 30% increase in vehicle traffic, supported by 90,000 square meters of newly constructed yard storage.
2. Integration of Noatum Assets
The integration of Noatum’s assets strengthened AD Ports Group’s operational framework, creating efficiencies that drive both local and international growth.
3. Financial Success
AD Ports Group reported:
- Revenue: AED 12.72 billion.
- Net Profit: AED 1.29 billion (first nine months of 2024).
This represents robust year-on-year growth across all core business units, reflecting strong financial health.
4. Global Expansion
AD Ports Group secured a 25-year concession at Karachi Port in Pakistan, developing and operating the Bulk and General Cargo terminal. The Group plans to invest USD 75 million within the first two years, further enhancing its international footprint.
Strategic Focus for the Future
AD Ports Group is poised for sustained growth in 2025, with plans to:
- Strengthen its global trade networks.
- Invest in advanced infrastructure for port and logistics operations.
- Continue expanding into high-growth markets to support international trade.
Conclusion
AD Ports Group’s achievements in 2024 highlight its pivotal role in global trade and logistics. By expanding capacity, integrating key assets, and pursuing international ventures, the Group is well-positioned to shape the future of the logistics and trade industries.
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