Abu Dhabi Ports completed the acquisition of a 22.32% stake in Aramex from ADQ.

Abu Dhabi Ports, a ports, industrial zones and logistics operator, completed the acquisition of a 22.32% stake in Aramex, a provider of transportation services, from ADQ, a holding company. Financial terms were not disclosed. "Aramex is a global leader in logistics and transportation, and will complement our logistics investments including Abu Dhabi Ports, Abu Dhabi Airport, and Etihad Rail as we work to expand the logistics ecosystem in the UAE," Murtaza Hussain, ADQ CIO.