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Sharjah24
Abu Dhabi Ports buys CLI Brazil for 3.1B AED
Abu Dhabi Ports Group has acquired Corridor Logística e Infraestrutura (CLI) in Brazil for AED 3.1 billion, paving the way for its entry into the South American market. CLI operates two major export hubs for grains and agricultural commodities at the ports of Santos and Itaqui, which have played a significant role in the region's agricultural export growth. The group aims to expand its investments through this deal in the Brazilian market.
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