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AD Ports signs $642m Abu Dhabi land deal

6 October 2025

Abu Dhabi’s AD Ports Group has signed a land-sale agreement worth about AED2.4bn ($642m) with Dubai-based real estate developer Mira Developments in the Al-Mamoura district of Abu Dhabi.

Mira Developments will use the land to develop a large-scale, fully integrated community located along the Dubai-Abu Dhabi highway.

Construction is expected to start by September next year.

According to an official statement: “The transaction strengthens AD Ports Group's financial position and unlocks new value from its extensive land portfolio, accelerating the development of its masterplan and enabling the redeployment of capital into high-impact infrastructure, logistics and trade facilitation projects.”

AD Ports has signed several significant agreements this year. In February, it agreed to manage and operate the Al-Madouneh customs centre in Amman, Jordan.

In the same month, AD Ports signed a shareholders’ agreement with CMA Terminals, a subsidiary of France‑headquartered logistics services provider CMA CGM Group, to jointly develop, manage and operate the New East Mole multipurpose terminal in Pointe‑Noire, Republic of Congo.

It also selected Dubai-based real estate developer Mag Group to lead its Marsa Zayed mixed-use project in Jordan.

Mag Group will act as lead developer for the first phase of the Marsa Zayed project, which will be developed as a beachfront resort and residential community on the Red Sea coast in Aqaba.

READ THE OCTOBER 2025 MEED BUSINESS REVIEW – click here to view PDF

Private sector takes on expanded role; Riyadh shifts towards strategic expenditure; MEED’s 2025 power developer ranking

Distributed to senior decision-makers in the region and around the world, the October 2025 edition of MEED Business Review includes:

> AGENDA 1: A new dawn for PPPs
To see previous issues of MEED Business Review, please click here
https://image.digitalinsightresearch.in/uploads/NewsArticle/14806002/main.jpg
Yasir Iqbal

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    Contractors have submitted bids on five major oil projects in Kuwait worth a combined total of $6.55bn, increasing market confidence in activity in the country’s energy sector.

    India’s Larsen & Toubro submitted the lowest bid on two contracts, while Spain’s Tecnicas Reunidas submitted the lowest bid on another.

    Kuwait’s Combined Group Contracting (CGC) submitted the lowest bids for the remaining two contracts.

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    Tecnicas Reunidas submitted a low bid worth $2.47bn for this project.

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    One of the prices submitted was its base option and the second was an alternative, according to industry sources.

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    The third project covers the development of effluent water disposal plants for injector wells.

    The plants, known as EWDP-1 and EWDP-2, are part of a broader upstream expansion scheme.

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    The fifth project is related to a new network for injecting effluent water into northern Kuwait in the Sabriya/Bahra area.

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    Bids were submitted ahead of a deadline on 30 September.

    On 19 September, MEED reported that KOC was planning to close bidding for the SGC projects before the end of the month.

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    The UAE’s Etihad Rail has extended the deadline by two weeks for the tender to design and build the civil works and station packages for the high-speed railway (HSR) line connecting Abu Dhabi and Dubai.

    The new deadline to submit technical and commercial bids is now 29 October.

    The previous deadline was 15 October.

    Last week, MEED exclusively reported that contractors were forming joint ventures to bid for upcoming design-and-build work packages for the UAE’s high-speed railway project.

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    The design speed of the trains running on the UAE’s HSR network will be 350 kilometres an hour (km/h) and the operating speed will be 320km/h, as MEED reported last year.

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    The overall construction package also includes provisions for rolling stock, railway systems and two maintenance depots.

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    READ THE OCTOBER 2025 MEED BUSINESS REVIEW – click here to view PDF

    Private sector takes on expanded role; Riyadh shifts towards strategic expenditure; MEED’s 2025 power developer ranking

    Distributed to senior decision-makers in the region and around the world, the October 2025 edition of MEED Business Review includes:

    > AGENDA 1: A new dawn for PPPs
    To see previous issues of MEED Business Review, please click here
    https://image.digitalinsightresearch.in/uploads/NewsArticle/14805795/main.gif
    Yasir Iqbal