AD Ports group acquires majority stake in Dubai Technologies
AD Ports Group announced that Maqta Gateway, its digital arm and enabler of cutting-edge trade digitalisation solutions, has acquired a 60 per cent equity stake in Dubai Technologies, a trade and transportation solutions’ developer headquartered in Dubai. The total purchase consideration for the 60 per cent shareholding amounts to AED 28 million. The company’s FY2023 financial performance recorded revenues of AED 70.5 million and […]