The Gulf region is emerging as a strategic hub for trade and industry, especially in the context of recent tariff changes. Its modern logistics infrastructure, extensive free trade zones, and globally connected ports make it an appealing choice for companies looking for a stable operational base. As businesses navigate the complexities of international trade, the...
The Abu Dhabi Wealth Fund, known as ADQ, is rapidly expanding its portfolio, which has more than doubled in value over the past four years. Currently, the fund boasts assets totaling around $250 billion, including investments in high-profile entities such as the auction house Sotheby’s and the flagship airline of the Emirates. In a recent...
Emirates SkyCargo, the cargo division of Emirates Airline, has announced the launch of a dedicated weekly freighter service to Narita International Airport in Japan. This new service is part of the airline’s strategy to enhance its global logistics network and meet the growing demand for air freight. The introduction of this freighter service signifies Emirates...
United Global Ro-Ro, a joint venture between Noatum Maritime, part of the AD Ports Group’s Maritime & Shipping Cluster, and Erkport, has celebrated a significant milestone with the maiden voyage of its first LNG-powered Pure Car and Truck Carrier (PCTC) at Autoterminal Khalifa Port. The arrival of the vessel, named UGR Al Samha, marks the...
SolitAir, a middle-mile air cargo operator based in Dubai World Central, has officially obtained its Air Operator Certificate (AOC) from the General Civil Aviation Authority (GCAA) of the UAE. This certification was part of a rigorous process governed by UAE Civil Aviation Regulations (CAR) Part V, Chapter 4, which required SolitAir to demonstrate high standards...
ADQ, a prominent sovereign investor focused on critical infrastructure and global supply chains, has successfully acquired a 63.26% stake in Aramex. This acquisition marks a significant step in ADQ’s strategy to expand its investment portfolio in the logistics sector. In a stock market disclosure, Mansour AlMulla, Deputy Group Chief Executive Officer of ADQ, indicated that...
The Jebel Ali Free Zone Authority (Jafza) has announced an investment of 90 million dirhams aimed at developing the second phase of its logistics complex. This expansion will add over 360 000 square feet of space to the existing facilities, enhancing Jafza’s capability to support growing business demands. Jafza’s expansion reflects its commitment to bolstering...
Abu Dhabi’s AD Ports Group has announced the formation of a joint venture with Columbia Group, a globally recognized platform in maritime, logistics, tourism, and energy sectors. This collaboration aims to enhance their operations in the shipping industry. The partnership will leverage the strengths of both companies to provide a comprehensive range of shipping and...
Federal Express Corporation (FedEx), recognized as the world’s largest express transportation company, has introduced FedEx Surround® in the United Arab Emirates (UAE). This innovative solution is designed for monitoring and intervention in logistics and supply chain management, offering businesses enhanced shipment visibility, control, and reliability. Built on near real-time visibility and AI-powered predictive analytics, FedEx...
ADQ, recognized as the third-largest sovereign wealth fund in Abu Dhabi, has successfully secured a majority stake in Aramex, a logistics company listed in Dubai. Following a voluntary tender offer, ADQ now owns 58 percent of Aramex. This includes 23 percent held by its subsidiary, AD Ports Group, and an additional 35 percent acquired from...