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AD Ports 2023 revenue soars to $3 2bn; net profit up 6pc

AD Ports Group has reported strong operational and financial performance in full year (FY) 2023, with revenue shooting up 112% year-on-year (YoY) to AED11.68 billion ($3.18 billion) and net profit rising 6% to AED1.4 billion.

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AD Ports Group Reports Strong Operational and Financial Performance in 2023 with Revenue More than Doubling to AED 11 7 billion YOY

AD Ports Group Reports Strong Operational and Financial Performance in 2023 with Revenue More than Doubling to AED 11 7 billion YOY
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Karachi Gateway Terminal operations: 25-year deal signed with Abu Dhabi Ports Group, Senate panel told

ISLAMABAD: A parliamentary panel was informed on Thursday that Karachi Port Trust (KPT) has entered into a 25-year.

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pakistan: As crisis deepens, Pakistan s public assets are up for sale

Pakistan s source funds from friendly countries which were flowing in are dried up. At present, the crisis stuck Pakistan is not getting easy loans or deposit transfers from its friendly countries. It is bracing for new challenges and adverse economic impact as one of its reliable development partners, Saudi Arabia ends its blank checks aid strategy, marking a shift toward economic accountability for struggling states including Pakistan.

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Cash Strapped Pakistan Faces Forex Crisis, Puts Public Assets On Sale

Saudi Arabia is no longer willing to bail out Islamabad as it is getting frustrated while watching their financial assistance evaporate in struggling economies without any positive outcome.

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