AD Ports partners for Turkish ports

Results for the 12 months ending 31st December 2023 reported strong operational and financial performance with EBITDA increasing 23% YoY to AED 2.67 billion.

AD Ports Group has signed a purchase agreement with Inveco LLC to acquire 60% ownership in the Tbilisi Dry Port.

In Turkey, DP World, which operates the port of Yarimca, and the Evyap Group, which controls Evyapport , are forming a strategic equity partnership that will result in them owning shares in each other’s container-handling facilities.

Qatar-based QTerminals has extended its operating concession at Antalya.

Heads of terms gives AD Ports Group exclusive rights to negotiate a concession for a new multipurpose terminal for one year.

Eleven international transport routes run through Kazakhstan, which accounted for 70-75% of China-Europe overland transit traffic pre-Covid