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The Gulf Tape

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  1. L'IMAD's ADQ Offers AED6.25 a Share to Take AD Ports

    MarketsAD Ports Group's board has recommended shareholders accept a AED6.25 ($1.70) per-share cash offer from ADQ, the wholly owned subsidiary of sovereign investor L'IMAD Holding, to take full ownership of the Abu Dhabi-listed ports operator. ADQ already holds 75.42%; the tender for the remaining 24.58% closes 3pm September 15, 2026, unless extended, per AD Ports Group's ADX disclosure.