AD Ports Group has sold a 9.77 percent stake in the dredging company NMDC Group to Alpha Dhabi Holding, an investment holding company, for AED1.6 billion ($436 million). All three companies are listed on the Abu Dhabi Securities Exchange (ADX). The ports operator had received the NMDC stake from Abu Dhabi Developmental Holding Company (ADQ) before […]AD Ports Group has sold a 9.77 percent stake in the dredging company NMDC Group to Alpha Dhabi Holding, an investment holding company, for AED1.6 billion ($436 million). All three companies are listed on the Abu Dhabi Securities Exchange (ADX). The ports operator had received the NMDC stake from Abu Dhabi Developmental Holding Company (ADQ) before […]

AD Ports sells NMDC stake to Alpha Dhabi for $436m

2025/11/27 16:33

AD Ports Group has sold a 9.77 percent stake in the dredging company NMDC Group to Alpha Dhabi Holding, an investment holding company, for AED1.6 billion ($436 million).

All three companies are listed on the Abu Dhabi Securities Exchange (ADX).

The ports operator had received the NMDC stake from Abu Dhabi Developmental Holding Company (ADQ) before listing in February 2022, it said in a statement to ADX.

In less than four years, the stake yielded a shareholder return of 17 percent, based on dividends and capital gains, with its book value as of Q3 2025 used as a reference.

The divestment is the third this year of non-core assets, following the sale of land at Khalifa Economic Zones Abu Dhabi (Kezad) to Mira Developments, and the sale of two logistics warehouses in Kezad to Aldar Properties for AED570 million.

Proceeds from the NMDC transaction will be used to deleverage the group’s balance sheet and to recycle capital into higher-return projects.

Mohamed Juma Al Shamisi, CEO of AD Ports Group, said the company will continue actively to manage its asset base to unlock and maximise value.

Further reading:

  • AD Ports records highest revenue since market debut
  • AD Ports buys $28m PIF stake in Egyptian port operator
  • AD Ports to build community in Abu Dhabi

The stake purchase will increase Alpha Dhabi’s ownership in the NMDC Group to around 77 percent.

The port operator’s share price closed at AED4.35 on Wednesday, down about 15 percent year-to-date. It has a free float of nearly 25 percent, with the remaining stake held by sovereign wealth fund ADQ.

International Holding Company, chaired by national security adviser Sheikh Tahnoon bin Zayed Al Nahyan, owns around 60 percent of Alpha Dhabi, according to ADX data.

Piyasa Fırsatı
Stella Logosu
Stella Fiyatı(ALPHA)
$0,005688
$0,005688$0,005688
-0,81%
USD
Stella (ALPHA) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Paylaş
BitcoinEthereumNews2025/09/18 00:09
XRP Price Prediction: Can Ripple Rally Past $2 Before the End of 2025?

XRP Price Prediction: Can Ripple Rally Past $2 Before the End of 2025?

The post XRP Price Prediction: Can Ripple Rally Past $2 Before the End of 2025? appeared first on Coinpedia Fintech News The XRP price has come under enormous pressure
Paylaş
CoinPedia2025/12/16 19:22
BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Paylaş
BitcoinEthereumNews2025/09/18 01:44