The Group’s total contribution to UAE non-oil economy was an estimated AED 150.6bn
AD Ports Group has unveiled a new economic impact report that underscored the Group’s growing role as a driver of economic diversification in Abu Dhabi and the UAE.
The results of the study conducted by Oxford Economics, which was based on 2022 data, illustrated in fresh detail the Group’s growing economic and social contributions as a leading corporate architect and enabler of a non-oil-based economy in Abu Dhabi and the UAE.
On a national scale, AD Ports Group helped generate 11.6% of UAE non-oil GDP, or AED 150.6 billion at current prices in the same year.
Logistics and digital services
The Group’s 2022 activity supported an estimated 398,400 jobs across the UAE directly and indirectly, which made up 14.1% of total employment within the nation’s non-oil sector, along with supporting about 8% of employment in the UAE’s construction and manufacturing sectors, respectively.
“The latest findings confirm the Group’s growing economic impact and continued ability to lay the foundations for a sustainable, diversified economy for Abu Dhabi, the UAE and future generations,” stated Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group.
“Through an expanding global footprint and market-leading positions in industrial development, transport, trade and logistics, AD Ports Group is bringing the best of Abu Dhabi and the UAE to a wider world, and, increasingly, the world’s best to Abu Dhabi’s door,” remarked Ross Thompson, Group Chief Strategy and Growth Officer, AD Ports Group.
