AD Ports Group posted a record Q3 2026 net profit of AED 975 million, up 64% year-on-year, as revenue expanded 48% to AED 7.99 billion. The financial gains came despite a 57% drop in UAE container throughput to 751,000 TEUs amid Strait of Hormuz shipping disruptions. Maritime and logistics growth, combined with cargo rerouting through Fujairah and Khor Fakkan, helped offset domestic volume declines.
Beijing-headquartered CSC Financial has received regulatory approval to establish its Middle East hub in the Dubai International Financial Centre. Meanwhile, JD.com's infrastructure arm signed a deal with KEZAD Group to build a 150,000-square-metre automated logistics facility in Abu Dhabi.
China Securities has secured regulatory approvals to launch a regional office in the Dubai International Financial Centre. Concurrently, JD.com subsidiary JINGDONG Property has agreed to construct a 150,000-square-metre smart logistics facility in Abu Dhabi's KEZAD economic zone.
JINGDONG Property, the infrastructure arm of China's JD.com, has signed an agreement with KEZAD Group to establish an advanced logistics hub in Abu Dhabi. The project covers approximately 150,000 square metres in KEZAD Area A (Al Ma'mourah) and is scheduled for delivery in 2028. Once operational, the smart facility is projected to generate roughly 1,000 direct jobs across logistics, distribution, and administration.
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