AD Ports secures 30-year concession to run Aqaba multipurpose terminal

AD Ports Group is expanding its regional port footprint, signing a 30-year concession with Aqaba Development Corporation to manage and operate Jordan’s Aqaba multipurpose port. Under the deal, AD Ports will take a 70% stake in a new joint venture, with Aqaba Development Corporation holding the remaining 30%. The Abu Dhabi-listed group has committed AED …