ADPorts

Abu Dhabi: AD Ports Group has completed its largest-ever acquisition by purchasing Brazilian agri-bulk terminal operator Corredor Logística e Infraestrutura for AED3.1 billion, or about $835 million. The deal marks

UAE-based AD Ports Group has entered into a strategic joint venture with Pakistan’s CEI Supply Chain (Private) Limited, acquiring a 51 percent majority stake in the newly formed logistics company.