AD Ports acquires 20% stake in Latakia Container Terminal

AD Ports Group has acquired a 20% stake in the Latakia International Container Terminal (LICT). The deal was signed with CMA CGM Group for AED 81 million (USD 22 million). LICT is Syria’s main maritime gateway. It handles over 95% of the country’s container traffic, mainly agricultural and industrial goods. The terminal currently handles 250,000 […]

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