Established in 2006, Abu Dhabi Ports is a global trade enabler strategically based in the capital of the United Arab Emirates and is part of ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy. Abu Dhabi Ports owns and manages 11 ports and terminals in the UAE and Guinea.
“Our results demonstrate the underlying strength of the business and our commitment to the diversification of our portfolio. We continue to focus on building an integrated portfolio of world-class ports, industrial zones and logistics supply chains. Our strategy and vertical integration across all our business sectors drive the economic growth of Abu Dhabi and connects the UAE to international markets. Last year was challenging for the industry with the COVID-19 outbreak. At Abu Dhabi Ports, we responded with agility and managed to lead with the logistical response to the pandemic. We have increased revenue, profits and capital investment while maintaining our focus on delivering sustainable and profitable long-term growth.”
Mohamed Juma Al Shamisi, Group Chief Executive Officer, Abu Dhabi Ports
“In a year of challenging market conditions, we recorded year-on-year revenue growth of 24%, reaching US$933 Million in 2020. With 78% occupancy across our industrial zones, long-term contracts with clients and a pipeline of ports expansion projects, we have a reliable and predictable revenue stream.”
Chief Financial Officer, Martin Aarup
Last updated on April 25th, 2021