48. AD Ports Group

Country: U.A.E.
Sector: Logistics
Managing Director and Group CEO: Mohamed Juma Al Shamisi
Market Value: $7.6 billion
Sales: $3.2 billion
Profits: $370 million
Assets: $15.1 billion

AD Ports Group has five business clusters—ports, economic cities and free zones, maritime and shipping, logistics, and digital—and is active in 46 countries as of December 2023. In 2023, AD Ports Group inaugurated the Aqaba Cruise Terminal in Jordan. In March 2023, the group signed a 30-year agreement to develop and operate Safaga Port in Egypt, with a $200 million investment, and two 15-year agreements to develop two cement terminals in Al Arish and West Port Said ports. In April 2024, the group partnered with ADNOC Distribution to leverage AD Ports' network to distribute lubricants in the U.A.E., with plans to expand globally.