Lemad Raises Stake in Abu Dhabi Ports
Imind, the sovereign investment company in Abu Dhabi, successfully completed the acquisition of over 98.5% of Abu Dhabi Ports Company’s shares, rising from 75.4% to beyond that amount, as part of a final settlement plan organized by the government and to be finalized by October 9, 2026, at the latest. This process is part of Abu Dhabi Ports Group’s strategies, which falls under the Ports and Logistics Platform, aiming to enhance its role in developing the Khalifa Industrial Zone (KIZAD) free zone and to realize the national railway network project. The financial offer terms have been finalized, and shareholder settlement procedures have been carried out, while advisors and joint banks have been appointed to execute the relevant financial and legal operations.
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