AD Ports Group reported an income of 17.29 billion dollars ($ 4.7 billion) in 2024, 48 percent more than the previous year.
The group also reported a record gain of 4.51 billion AED ($ 1.23 billion) in the year, a jump or 69 percent since 2023.
All vertically integrated commercial groups of the group (ports, economic cities and free, sea and shipping areas, logistics and digital) contributed to record income and profits in 2024, he said.
Ad Ports said that group’s revenues have increased five times since 2020, in the midst of their “intelligent internationalization” expansion strategy and its important investments in the home to support the development of Abu Dhabi in a commercial and industrial center.
Mohamed Hassan Alsuwaidi, president of AD Ports Group, said in a year marked by geopolitical instabilities and evolving global trade routes, the group achieved record results, navigating in a hectare manner the markets that change dynamically and take advantage of new opportunities to advance their international expansion of value assessment.
“We have emerged as a truly global player in 2024, achieving a new level of geographical scope, international recognition and financial strength,” he said.
The 2024 Annual Report of the AD PORTS Group also highlighted the expansion in progress, including the consolidation of Ed Noatum and the global sender of Feerder (GFS), a regional company sending containers with headquarters based in Dubai, while the security conversation multiply and terminals and terminals of faster trade in Egypt, Pakistan, Angola, Tanzania and Georgia.
Duration of the year, the group also expanded through strategic acquisitions in Africa, Europe and Central Asia, and added to its global port and terminal network with new terminal concessions in Egypt, Pakistan and Angola.
He restructured his growing global business around three new central brands: Natum Ports, Natum Maritime and Noatum Logistics.
