1 Day
Source:
Sky News
AD Ports post record
AD Ports Group achieved the strongest quarterly results in its history in the third quarter of 2026. Revenue rose 48% to AED 7.99 billion, earnings before interest, taxes, depreciation and amortization (EBITDA) increased 63% to AED 1.97 billion, and net profit grew 64% to AED 975 million. Free cash flow recorded a deficit of AED 691 million due to the financing of its acquisition of Brazil’s CLI Group, but reached AED 1.17 billion excluding the impact of the deal. The Group said business continuity measures—including rerouting shipping to the ports of Fujairah and Khor Fakkan, and establishing transport corridors and additional storage facilities—helped it address maritime disruptions and regional challenges.
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