Abu Dhabi Ports acquires MICCO Logistics

  • Date: 28-Sep-2020
  • Source: Zawya
  • Sector:Technology
  • Country:UAE
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Abu Dhabi Ports acquires MICCO Logistics

ABU DHABI- Abu Dhabi Ports, part of ADQ – one of the region's largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi's diversified economy, today announced another step in its drive to enhance the emirate's rank as an international hub for trade and logistics with the acquisition of MICCO Logistics.Khalifa Sultan Al Suwaidi, Vice Chairman of Abu Dhabi Ports and Chief Investment Officer at ADQ, said, "We are collaborating with Abu Dhabi Ports to transform its logistics arm into one of the largest, most capable and most cost-efficient providers of fully integrated and holistic logistics solutions in the UAE and beyond. This reflects ADQ's key role in stimulating economic development and growth through our logistics cluster while further strengthening Abu Dhabi Ports' strategic