Build-to-Suit solution<\/span><\/a> to meet its specific operational requirements \u2013 looking to reduce costs, boost productivity, and offer essential supply chain efficiencies.<\/p>\nThe completed facility will be a sustainable building conforming to Estidama 2 Pearl rating which incorporates initiatives to enable water, energy, and waste minimisation, according to a recent statement.<\/p>\n
Captain Mohamed Juma Al Shamisi, MD and CEO of AD Ports Group, said: \u201cUnder the guidance of our wise leadership, AD Ports Group is committed to positioning Abu Dhabi as a global hub for trade through the development of an integrated and future-ready industrial ecosystem within KEZAD,\u201d reports Port Technology International<\/i>.<\/p>\n
\u201cThe state-of-the-art noon fulfilment centre perfectly aligns with this mission and represents an important milestone in our collective journey to\u00a0enable the rapid expansion of e-commerce and same-day delivery models in the region,\u201d adds Al Shamisi. \u201cThe facility will bring significant economic benefits with the creation of thousands of jobs and will offer new opportunities for the private sector looking to reach customers across the Middle East, Africa, Asia, and Europe.\u201d<\/p>\n
AD Ports recently announced its financial results for the third quarter of 2022, posting a year-on-year (YoY) profit growth of 77 per cent.<\/p>\n
Net profit soared to AED 334mn ($90.9mn) in Q3 2022 and registered a 58 per cent YoY growth to AED 941mn ($256mn) for the first nine months of this year.<\/p>\n","protected":false},"excerpt":{"rendered":"
Khalifa Economic Zones Abu Dhabi (KEZAD Group), a fully-owned subsidiary of AD Ports Group, and online marketplace noon.com have established the UAE\u2019s largest commerce fulfilment centre in Abu Dhabi. The 252,000 square metre fulfilment centre is being designed and developed by KEZAD Group under a Build-to-Suit agreement and is scheduled for completion in 2024. With…<\/p>\n","protected":false},"author":41,"featured_media":19634,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[1506,4471,915,4472,4183,3966],"_links":{"self":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/19699"}],"collection":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/comments?post=19699"}],"version-history":[{"count":1,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/19699\/revisions"}],"predecessor-version":[{"id":19700,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/19699\/revisions\/19700"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media\/19634"}],"wp:attachment":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media?parent=19699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/categories?post=19699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/tags?post=19699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}