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Qatar Index10,685.71+0.1%

DFM Index5,810.36-0.1%

TASI11,120.45-1.1%

Emirates NBD29.86+0.7%

Dubai Electricity & Water Authority2.66-0.4%

EMAAR12.32-0.6%

EMAARDEV15.10-0.7%

ADNOC GAS3.14-0.3%

First Abu Dhabi Bank17.80-1.0%

Emirates Telecom19.060.0%

Abu Dhabi Commercial Bank12.80-2.9%

Boubyan Bank0.68-0.1%

GULF BANK0.34+0.9%

Commercial Bank Of Kuwait0.49-0.4%

Burgan Bank0.200.0%

QNB17.91-0.7%

Industries Qatar12.30+1.2%

Qatar Islamic Bank22.98+0.3%

Ooredoo13.27-0.3%

Qatar Index10,685.71+0.1%

DFM Index5,810.36-0.1%

TASI11,120.45-1.1%

Emirates NBD29.86+0.7%

Dubai Electricity & Water Authority2.66-0.4%

EMAAR

12.32

-0.6%

EMAARDEV15.10-0.7%

ADNOC GAS3.14-0.3%

First Abu Dhabi Bank17.80-1.0%

Emirates Telecom19.060.0%

Abu Dhabi Commercial Bank12.80-2.9%

Boubyan Bank0.68-0.1%

GULF BANK0.34+0.9%

Commercial Bank Of Kuwait0.49-0.4%

Burgan Bank0.200.0%

QNB17.91-0.7%

Industries Qatar12.30+1.2%

Qatar Islamic Bank22.98+0.3%

Ooredoo13.27-0.3%

AD Ports Group Completes Third Sale of Warehouses in KEZAD for AED 650 Million | premargin

AD Ports Group Completes Third Sale of Warehouses in KEZAD for AED 650 Million

·ADX·General Disclosure | Announcements·April 23, 2026·View on exchange

AI Summary

AD Ports Group completed the sale of three warehouses in KEZAD Logistics Park to Aldar for AED 650 million ($177 million).
The transaction involves a total leasable area of 161,000 square meters and represents the second warehouse asset sale to Aldar since November 2025.

The proceeds fulfill 65% of the Group's AED 1 billion asset monetization target for 2026 and will be used to de-leverage the balance sheet and fund growth projects.

This sale is the second transaction under the 2026 asset optimization program, following an AED 295 million sale to Mair Group in January.

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AD Ports Group Completes Third Sale of Warehouses in KEZAD for AED 650 Million

ABU DHABI PORTS