RIYADH: Shares in Abu Dhabi Ports surged 17 percent on its market debut on Abu Dhabi’s stock exchange, ADX. The stock price of the company, known to be one of the leading logistics facilitators in the region, reached 3.75 dirhams ($1.02) on Tuesday, according to Bloomberg. Even as the shipping sector got hit by supply chain snags, the Abu Dhabi-based port operator earlier
By Julia Fioretti and Verity Ratcliffe (Bloomberg) — Abu Dhabi Ports rose as much as 17% on its trading debut after a 4 billion dirham ($1.1 billion) share sale, underscoring the.
AD Ports Group sees revenue surge of 21% in H1 2021 ship-technology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ship-technology.com Daily Mail and Mail on Sunday newspapers.
AD Ports Group today announced its financial results for the first half of the year ended 30 June 2021, reporting revenue increase of 21% year-on-year to AED 1,832 million (USD 499 million) compared with AED 1,517 million (USD 413 million) in the first half of 2020, driven by organic growth, diversification into new businesses, new .
AD Ports Group, a leading global driver of trade and logistics in the UAE, has recorded a revenue of AED1.83 billion ($499 million) for the first half of the year, up 21 per cent compared to AED1.52 billion ($413 million) last year.