{"id":661,"date":"2025-04-02T06:54:00","date_gmt":"2025-04-02T06:54:00","guid":{"rendered":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/?p=661"},"modified":"2026-06-16T06:56:53","modified_gmt":"2026-06-16T06:56:53","slug":"ad-ports-group-issues-2024-annual-report","status":"publish","type":"post","link":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/2025\/04\/02\/ad-ports-group-issues-2024-annual-report\/","title":{"rendered":"AD Ports Group Issues 2024 Annual Report, Marking Another Year of Record Revenue and Profit"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"","protected":false},"author":56,"featured_media":664,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_trash_the_other_posts":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"editor_notices":[],"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>2024 Annual Report: AD Ports Group&#039;s Financial Success - ADPortsGroup<\/title>\n<meta name=\"description\" content=\"Discover AD Ports Group&#039;s 2024 Annual Report, highlighting record revenue and profit growth, major acquisitions, and strategic international expansion efforts.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/2025\/04\/02\/ad-ports-group-issues-2024-annual-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2024 Annual Report: AD Ports Group&#039;s Financial Success - ADPortsGroup\" \/>\n<meta property=\"og:description\" content=\"Discover AD Ports Group&#039;s 2024 Annual Report, highlighting record revenue and profit growth, major acquisitions, and strategic international expansion efforts.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/2025\/04\/02\/ad-ports-group-issues-2024-annual-report\/\" \/>\n<meta property=\"og:site_name\" content=\"ADPortsGroup\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-02T06:54:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-16T06:56:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-content\/uploads\/sites\/38\/2026\/06\/ADPG-Annual-Report-2024-Thum-EN.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"920\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"jainul.abdeen@adports.ae\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"jainul.abdeen@adports.ae\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/2025\\\/04\\\/02\\\/ad-ports-group-issues-2024-annual-report\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/2025\\\/04\\\/02\\\/ad-ports-group-issues-2024-annual-report\\\/\"},\"author\":{\"name\":\"jainul.abdeen@adports.ae\",\"@id\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/#\\\/schema\\\/person\\\/debe376dcf1eef29e7b6866784a99b94\"},\"headline\":\"AD Ports Group Issues 2024 Annual Report, Marking Another Year of Record Revenue and Profit\",\"datePublished\":\"2025-04-02T06:54:00+00:00\",\"dateModified\":\"2026-06-16T06:56:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/2025\\\/04\\\/02\\\/ad-ports-group-issues-2024-annual-report\\\/\"},\"wordCount\":14,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/2025\\\/04\\\/02\\\/ad-ports-group-issues-2024-annual-report\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/wp-content\\\/uploads\\\/sites\\\/38\\\/2026\\\/06\\\/ADPG-Annual-Report-2024-Thum-EN.jpg\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/2025\\\/04\\\/02\\\/ad-ports-group-issues-2024-annual-report\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/2025\\\/04\\\/02\\\/ad-ports-group-issues-2024-annual-report\\\/\",\"url\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/2025\\\/04\\\/02\\\/ad-ports-group-issues-2024-annual-report\\\/\",\"name\":\"2024 Annual Report: AD Ports Group&#39;s Financial Success - ADPortsGroup\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/2025\\\/04\\\/02\\\/ad-ports-group-issues-2024-annual-report\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/2025\\\/04\\\/02\\\/ad-ports-group-issues-2024-annual-report\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/wp-content\\\/uploads\\\/sites\\\/38\\\/2026\\\/06\\\/ADPG-Annual-Report-2024-Thum-EN.jpg\",\"datePublished\":\"2025-04-02T06:54:00+00:00\",\"dateModified\":\"2026-06-16T06:56:53+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/#\\\/schema\\\/person\\\/debe376dcf1eef29e7b6866784a99b94\"},\"description\":\"Discover AD Ports Group&#39;s 2024 Annual Report, highlighting record revenue and profit growth, major acquisitions, and strategic international expansion efforts.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/2025\\\/04\\\/02\\\/ad-ports-group-issues-2024-annual-report\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/2025\\\/04\\\/02\\\/ad-ports-group-issues-2024-annual-report\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/2025\\\/04\\\/02\\\/ad-ports-group-issues-2024-annual-report\\\/#primaryimage\",\"url\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/wp-content\\\/uploads\\\/sites\\\/38\\\/2026\\\/06\\\/ADPG-Annual-Report-2024-Thum-EN.jpg\",\"contentUrl\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/wp-content\\\/uploads\\\/sites\\\/38\\\/2026\\\/06\\\/ADPG-Annual-Report-2024-Thum-EN.jpg\",\"width\":920,\"height\":500,\"caption\":\"AD Ports Group Issues 2024 Annual Report, Marking Another Year of Record Revenue and Profit\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/2025\\\/04\\\/02\\\/ad-ports-group-issues-2024-annual-report\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"AD Ports Group Issues 2024 Annual Report, Marking Another Year of Record Revenue and Profit\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/#website\",\"url\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/\",\"name\":\"ADPortsGroup\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/#\\\/schema\\\/person\\\/debe376dcf1eef29e7b6866784a99b94\",\"name\":\"jainul.abdeen@adports.ae\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9fbbffec0b473f5815fe92a582fb0cf206a6e93afad499925e6ee7b6594921c4?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9fbbffec0b473f5815fe92a582fb0cf206a6e93afad499925e6ee7b6594921c4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9fbbffec0b473f5815fe92a582fb0cf206a6e93afad499925e6ee7b6594921c4?s=96&d=mm&r=g\",\"caption\":\"jainul.abdeen@adports.ae\"},\"url\":\"https:\\\/\\\/wpvip.adportsgroup.com\\\/adportsgroup\\\/author\\\/jainul-abdeenadports-ae\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"2024 Annual Report: AD Ports Group&#39;s Financial Success - ADPortsGroup","description":"Discover AD Ports Group&#39;s 2024 Annual Report, highlighting record revenue and profit growth, major acquisitions, and strategic international expansion efforts.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/2025\/04\/02\/ad-ports-group-issues-2024-annual-report\/","og_locale":"en_US","og_type":"article","og_title":"2024 Annual Report: AD Ports Group&#39;s Financial Success - ADPortsGroup","og_description":"Discover AD Ports Group&#39;s 2024 Annual Report, highlighting record revenue and profit growth, major acquisitions, and strategic international expansion efforts.","og_url":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/2025\/04\/02\/ad-ports-group-issues-2024-annual-report\/","og_site_name":"ADPortsGroup","article_published_time":"2025-04-02T06:54:00+00:00","article_modified_time":"2026-06-16T06:56:53+00:00","og_image":[{"width":920,"height":500,"url":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-content\/uploads\/sites\/38\/2026\/06\/ADPG-Annual-Report-2024-Thum-EN.jpg","type":"image\/jpeg"}],"author":"jainul.abdeen@adports.ae","twitter_card":"summary_large_image","twitter_misc":{"Written by":"jainul.abdeen@adports.ae","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/2025\/04\/02\/ad-ports-group-issues-2024-annual-report\/#article","isPartOf":{"@id":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/2025\/04\/02\/ad-ports-group-issues-2024-annual-report\/"},"author":{"name":"jainul.abdeen@adports.ae","@id":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/#\/schema\/person\/debe376dcf1eef29e7b6866784a99b94"},"headline":"AD Ports Group Issues 2024 Annual Report, Marking Another Year of Record Revenue and Profit","datePublished":"2025-04-02T06:54:00+00:00","dateModified":"2026-06-16T06:56:53+00:00","mainEntityOfPage":{"@id":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/2025\/04\/02\/ad-ports-group-issues-2024-annual-report\/"},"wordCount":14,"commentCount":0,"image":{"@id":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/2025\/04\/02\/ad-ports-group-issues-2024-annual-report\/#primaryimage"},"thumbnailUrl":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-content\/uploads\/sites\/38\/2026\/06\/ADPG-Annual-Report-2024-Thum-EN.jpg","inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wpvip.adportsgroup.com\/adportsgroup\/2025\/04\/02\/ad-ports-group-issues-2024-annual-report\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/2025\/04\/02\/ad-ports-group-issues-2024-annual-report\/","url":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/2025\/04\/02\/ad-ports-group-issues-2024-annual-report\/","name":"2024 Annual Report: AD Ports Group&#39;s Financial Success - ADPortsGroup","isPartOf":{"@id":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/2025\/04\/02\/ad-ports-group-issues-2024-annual-report\/#primaryimage"},"image":{"@id":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/2025\/04\/02\/ad-ports-group-issues-2024-annual-report\/#primaryimage"},"thumbnailUrl":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-content\/uploads\/sites\/38\/2026\/06\/ADPG-Annual-Report-2024-Thum-EN.jpg","datePublished":"2025-04-02T06:54:00+00:00","dateModified":"2026-06-16T06:56:53+00:00","author":{"@id":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/#\/schema\/person\/debe376dcf1eef29e7b6866784a99b94"},"description":"Discover AD Ports Group&#39;s 2024 Annual Report, highlighting record revenue and profit growth, major acquisitions, and strategic international expansion efforts.","breadcrumb":{"@id":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/2025\/04\/02\/ad-ports-group-issues-2024-annual-report\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wpvip.adportsgroup.com\/adportsgroup\/2025\/04\/02\/ad-ports-group-issues-2024-annual-report\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/2025\/04\/02\/ad-ports-group-issues-2024-annual-report\/#primaryimage","url":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-content\/uploads\/sites\/38\/2026\/06\/ADPG-Annual-Report-2024-Thum-EN.jpg","contentUrl":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-content\/uploads\/sites\/38\/2026\/06\/ADPG-Annual-Report-2024-Thum-EN.jpg","width":920,"height":500,"caption":"AD Ports Group Issues 2024 Annual Report, Marking Another Year of Record Revenue and Profit"},{"@type":"BreadcrumbList","@id":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/2025\/04\/02\/ad-ports-group-issues-2024-annual-report\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/"},{"@type":"ListItem","position":2,"name":"AD Ports Group Issues 2024 Annual Report, Marking Another Year of Record Revenue and Profit"}]},{"@type":"WebSite","@id":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/#website","url":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/","name":"ADPortsGroup","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/#\/schema\/person\/debe376dcf1eef29e7b6866784a99b94","name":"jainul.abdeen@adports.ae","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/9fbbffec0b473f5815fe92a582fb0cf206a6e93afad499925e6ee7b6594921c4?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/9fbbffec0b473f5815fe92a582fb0cf206a6e93afad499925e6ee7b6594921c4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9fbbffec0b473f5815fe92a582fb0cf206a6e93afad499925e6ee7b6594921c4?s=96&d=mm&r=g","caption":"jainul.abdeen@adports.ae"},"url":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/author\/jainul-abdeenadports-ae\/"}]}},"jetpack_featured_media_url":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-content\/uploads\/sites\/38\/2026\/06\/ADPG-Annual-Report-2024-Thum-EN.jpg","jetpack_sharing_enabled":true,"meta_box":{"acg_section_title":false,"acg_filter_label":false,"acg_awards":[],"dbt_section_top_title":false,"dbt_brochure_title":false,"dbt_brochure_sub_heading":false,"dbt_brochure_description":false,"dbt_brochure_image":false,"dbt_button_text":false,"dbt_button_url":false,"dbt_form_title":false,"dbt_form_subtitle":false,"dbt_form_shortcode":false,"dbt_thankyou_page_url":false,"dbt_file_url":false,"dbt_submit_form_to":false,"nl_title":false,"nl_overlay_image":false,"nl_read_more_text":false,"nl_group":[],"two_cl_title":false,"two_cl_description":false,"wysiwyg_editor_content":false,"ctab_bg_color":false,"ctab_video":false,"ctab_image":false,"ctab_heading":false,"ctab_sub_heading":false,"ctab_group":[],"tts_heading":false,"tts_description":false,"tts_slider":[],"tts_overlay_image":false,"tpg_heading":false,"tpg_description":false,"tpg_overlay_image":false,"tpg_tabs":[],"ht_main_heading":false,"tabs":[],"t_image":false,"t_message_text":false,"t_name_text":false,"t_title_text":false,"t_show_quotemark_on_message":false,"t_variant":false,"sc_bg_image":false,"sc_heading":false,"service_cards_group":[],"panels_group":[],"cci_block_style":false,"cis_background_color":false,"cis_layout_width":false,"cis_image":false,"cis_image_position":false,"cis_image_border_radius":false,"cis_title":false,"cis_description":false,"cis_button_text":false,"cis_open_in_new_tab":false,"cis_button_url":false,"cis_decorative_image":false,"ic_is_featued_post":"1","ic_show_featued_image":"1","intro_content":"<p><strong>Abu Dhabi, UAE \u2013 2 April 2025<\/strong>: AD Ports Group (ADPORTS:ADX), a leading global enabler of trade, transport, industry, and logistics, issued its 2024 Annual Report, which chronicled a year of record revenue and profit growth, as the Group consolidated two major acquisitions, and drove forward its profit-enhancing international expansion.<\/p>\n<p>The report highlights the ongoing expansion of the Group, as it consolidated Noatum, a leading global logistics company, and Global Feeder Shipping (GFS), a Dubai-based regional container feeder shipping company, while securing multipurpose terminal concessions and intermodal facilities along some of the world\u2019s fastest-growing trade corridors in Egypt, Pakistan, Angola, Tanzania, and Georgia.<\/p>\n<p>All of AD Ports Group\u2019s vertically integrated business clusters - Ports, Economic Cities &amp; Free Zones, Maritime &amp; Shipping, Logistics, and Digital - contributed to record 2024 Group revenue of AED 17.29 billion, and record Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) of AED 4.51 billion, up 48% and 69%, respectively, from 2023.<\/p>\n<p>Revenue has risen five-fold and EBITDA nearly three-fold, since 2020, amid the Group\u2019s \u201cintelligent internationalisation\u2019\u2019 expansion strategy and its significant investments at home to support Abu Dhabi\u2019s development into an international trade and industrial hub.<\/p>\n<p><strong>H.E. Mohamed Hassan Alsuwaidi, Chairman of AD Ports Group<\/strong>, said: \u201cIn a year marked by geopolitical instabilities and evolving global trade routes, AD Ports Group achieved record results, adeptly navigating dynamically changing markets, and seizing new opportunities to advance its value-enhancing international expansion. The integrated trade, transport, and logistics group, under the guidance of our wise leadership in the UAE, emerged as a truly global player in 2024, achieving a new level of geographic reach, international recognition, and financial strength.\u201d<\/p>\n<p><strong>Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO - AD Ports Group<\/strong>, said: \u201cIn 2024, AD Ports Group delivered on its primary mission to enable trade, supporting the vision of our wise leadership in the UAE. Through its operational agility, and expanding range of efficient, customer-centric, end-to-end solutions, the Group grew organically and by selectively adding new port terminals, and maritime, digital, and logistics assets, thereby positioned itself for a new phase of value-adding international growth.\u2019\u2019<\/p>\n<p>Highlights included the December inauguration of CMA Terminals Khalifa Port, an AED 3.1 billion (USD 845 million) container terminal collaboration with strategic partner CMA CGM Group, which expanded the port\u2019s capacity by 23%, securing Abu Dhabi\u2019s position at the forefront of global trade, and underscoring the Group\u2019s commitment to the Emirate and UAE.<\/p>\n<p>During the year, the Group expanded through strategic acquisitions in Africa, Europe, and Central Asia, and added to its global ports and terminals network with new terminal concessions in Egypt, Pakistan, and Angola, as it restructured its growing global business around three new core brands \u2013 Noatum Ports, Noatum Maritime, and Noatum Logistics.<\/p>\n<p>Reflecting the Group\u2019s enhanced global role, Khalifa Port was ranked for the first time in the top 20 (position 19) of the world\u2019s largest container ports by Drewry International. The Group also received prestigious international awards for its financial strength and performance, investor relations, employee workplace environment, and ESG programmes, among others.<\/p>\n<p>&nbsp;<\/p>\n<h3 role=\"heading\" data-uw-rm-heading=\"level\">Strategic Direction<\/h3>\n<p>The Group is following a focused, inorganic expansion strategy to acquire complementary investments that add value and strengthen the overall AD Ports Group business ecosystem. Inorganic investments primarily involve logistics, maritime, and port assets, to enhance customer relationships, influence trade routes, improve connectivity, expand the logistics footprint, and build on the Group\u2019s Abu Dhabi-based core assets.<\/p>\n<p>Most investments are currently made in Abu Dhabi, which continues to anchor the global business and drive the Group\u2019s expansion abroad. The growth strategy is intricately linked to leveraging Abu Dhabi\u2019s international standing as a global trading hub. The international opportunities that are being added to the Group offer additional scale, and strong and stable management, while contributing to the Group\u2019s bottom line.<\/p>\n<p>Not only did the Group\u2019s global footprint grow bigger and more diverse in 2024, but it also became more profitable as the five core business clusters leveraged the synergies of their expanding complementary portfolio. With multimodal global connectivity across sea, road, and, for the first time at Khalifa Port, rail, the Group\u2019s multi-cluster business ecosystem delivered on its mission to enable increasing levels of trade in the Middle East and across its global footprint.<\/p>\n<h3 data-uw-rm-heading=\"prs\">Market Overview<\/h3>\n<p>2024 was a positive year for container, bulk, Ro-Ro, tanker, and offshore segments, which benefited AD Ports Group, operator of the world\u2019s third-largest pure independent feeder shipping service, according to industry group Alphaliner. The 2.2% growth in global seaborne trade volumes, according to Clarkson\u2019s Research, coupled with Red Sea disruptions that elevated container shipping rates, and diverted Ro-Ro volumes to Autoterminal Khalifa Port, helped drive the Group\u2019s record revenue and earnings.<br \/>\nWhile global cargo demand may soften slightly in 2025, a new series of expected UAE bilateral trade deals, and a government strategy to double cumulative Foreign Direct Investment (FDI) by 2031, are seen as sustaining demand.<\/p>\n<p>The UAE economy, boosted by higher oil production and rising exports, continued to outperform the global economy. The UAE economy grew 3.8% annually in the first nine months of 2024 from a year earlier, according to the UAE Ministry of Economy, with the pace expected to accelerate to 4% to 5% in 2025, amid increasing oil and non-oil based GDP growth.<\/p>\n<p>2024 was a strong year across most cargo segments, as China remained a key driver of the world economy. General cargo volumes were up about 40% year-on-year, supported by the Group\u2019s Karachi Bulk Terminal, which commenced operations in early 2024.<\/p>\n<p>Keys to growth in 2024 were the full integration of Noatum and GFS, which transformed the Group\u2019s reach and connectivity, generating savings and creating new cross-market routes,<br \/>\nproducts, and end-to-end solutions, which drove record results.<\/p>\n","show_read_more":"0","content_for_read_more":""},"_links":{"self":[{"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/posts\/661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/comments?post=661"}],"version-history":[{"count":1,"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/posts\/661\/revisions"}],"predecessor-version":[{"id":665,"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/posts\/661\/revisions\/665"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/media\/664"}],"wp:attachment":[{"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/media?parent=661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/categories?post=661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wpvip.adportsgroup.com\/adportsgroup\/wp-json\/wp\/v2\/tags?post=661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}