Home BusinessAD Ports digital arm acquires majority stake in Dubai Technologies

AD Ports digital arm acquires majority stake in Dubai Technologies

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AD Ports Group’s digital arm, Maqta Gateway, has bought a 60 per cent stake in Dubai Technologies, a trade and transportation solutions developer, for Dh28 million ($7.62 million) as the company continues to expand its operations globally.

“The extended technical capabilities acquired through this investment will be instrumental in delivering a more differentiated service to international markets,” Capt Mohamed Al Shamsi, managing director and group chief executive of AD Ports Group, said.

Dubai Technologies has developed an intelligent ports operations management platform, called…



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