Abu Dhabi Ports acquires stakes in Aramex, National Marine Dredging Company – ArabianBusiness.com

Abu Dhabi Ports acquires stakes in Aramex, National Marine Dredging Company – ArabianBusiness.com

Abu Dhabi Ports Group has confirmed that it has acquired stakes in Dubai-based logistics major Aramex and UAE-based National Marine Dredging Company (NMDC).

AD Ports, part of ADQ, an Abu Dhabi-based investment and holding company with a broad portfolio of major enterprises, said it now holds a 22.32 percent stake in Aramex and a 10 percent stake in NMDC.

With more than 600 offices in over 65 countries worldwide, Aramex is a global provider of logistics and transportation solutions while NMDC is a marine industry leader, capable of operating and delivering major projects anywhere in the world.