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AD Ports Group has five integrated business clusters Digital, Economic Cities & Free Zones, Logistics, Maritime and Ports. [10] Under the supervision of Abu Dhabi's Department of Economic Development, Maqta Gateway have developed and operates the Advanced Trade and Logistics Platform (ATLP) designed to unify trade and logistics services across Abu Dhabi, [11] including sea, land, air, and ...
The UAE has a number of free zones across Dubai, [1] Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Umm al-Quwain. Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones. Free-trade zone exemptions are: [2] 100% foreign ownership of the enterprise. 100% import and export tax exemptions.
Abu Dhabi Terminals (Arabic: شركة مرافئ أبوظبى) or ADT was established in May 2006, [1] by Emiri Decree No. (6) as the main port operator for all commercial ports in Abu Dhabi supporting the economic diversification in Abu Dhabi’s 2030 vision. Since 2018, it has is fully owned and operated by Abu Dhabi Ports itself part of ADQ ...
Musaffah Port (Arabic: ميناء مصفّح) is an Abu Dhabi Ports' port located in the industrial area of Musaffah south west of the city of Abu Dhabi.The deepwater Musaffah Port and Musaffah Channel include a general cargo terminal at the northwest corner of the Musaffah Industrial Area, as well as an extensive waterfront nearly 40 km long that is occupied by numerous private berths and ...
The company is listed on the Abu Dhabi stock exchange and had a market capitalization of 240 billion US dollar in 2024. [ 5 ] [ 4 ] [ 6 ] [ 7 ] After the Royal Group transferred 40 companies worth US$4.7 billion to IHC, the company's share price grew by 42,000% between 2019 and 2024, making it the second most valuable company in the Gulf States ...
The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023. [5] The UAE economy is heavily reliant on revenues from petroleum and natural gas, especially in Abu Dhabi. In 2009, more than 85% of the UAE's economy was based ...
In 2006, between 70% and 80% of the organization's assets were managed outside with an aim to bring that down to between 60% and 70%. In the year 2005, Abu Dhabi Investment Company purchased 51 percent of shares of Massar (Company) from Abu Dhabi Power Corporation, a subsidiary of Abu Dhabi Water & Electricity Authority. [15] [16]
Abu Dhabi Ports. Zayed Port (Arabic: ميناء زايد) also called Mina Zayed, is a commercial deep-water port owned by the Abu Dhabi Ports that serves Abu Dhabi, United Arab Emirates. Established in 1968, Zayed Port is in the northeast section of Abu Dhabi city. It was officially inaugurated and became fully operational in 1972, [2] and is ...