AD Ports Group has listed its shares on the Abu Dhabi Securities Exchange (ADX).

AD Ports Group has listed its shares on the Abu Dhabi Securities Exchange (ADX). The Abu-Dhabi based ports and logistics operator, which is owned by sovereign wealth fund ADQ, raised AED 4 billion (US$1.1 billion) from the primary issuance process. The company has confi rmed that the funds raised will be utilised to accelerate local and international expansion. ADQ is retaining 75.44 per cent of shares in the newly-listed entity