AD Ports Group and SaabUAESign MoU Aimed at Setting New Industry Standards for Efficiency and Safety in Port Operations
The Memorandum of Understandingbuilds on the ongoing partnership between AD Ports Group and Saab on maritime surveillance technology
Abu Dhabi, UAE – 31July 2023: AD Ports Group (ADX: ADPORTS), the leading global facilitator of trade, logistics, and industry, and SaabUAE, a leading defence and security company based in Abu Dhabi's Tawazun Industrial Park, have entered into a Memorandum of Understanding (MoU) to establish a strategic cooperative relationship, which will see both entities collaborate on the development of maritime surveillance solutions and sensors.
Under the agreement, AD Ports Group, with its vast experience and expertise in port operations,will provide access to relevant testing sites, offering necessary infrastructure and operational feedback to optimize the development process. Saab UAE will build on its wide-ranging maritime traffic management expertise to bring new industry standards and next generation maritime surveillance technology to market.
Othman Al Khouri, Executive Director Corporate Authority, AD Ports Group,said: "We are committed to adopting cutting-edge technologies that enhance our operations. Collaborating with Saab will allow us to explore innovative surveillance solutions and contribute to the overall safety of our ports."
He added, "We also see significant potential for improving port and maritime security systems, effectively enhancing the safety and security performance of trade, logistics, and ports in Abu Dhabi and beyond."
Anna-Karin Rosén, Managing Director of Saab in the UAE, said:"We are delighted to build on our relationship with AD Ports Group, a prominent leader in the port operations industry.This MoU marks a significant step forward in our commitment toprovide our customers with world-class security and surveillance solutions. This partnership has the potential to revolutionise vessel traffic management and port operations, setting new industry standards for efficiency and safety."
She added: "Our decades-long operations here in the UAE are growing from strength to strength. Today, to underpin growth in the country's defence and security ecosystem, we are proud to have expanded our UAE mandate to include a R&D and manufacturing facility based in Abu Dhabi."
Saab is an early investor in the UAE having started its operations in the 1980s. Using its unrivalled innovation, expertise and capabilities, Saab UAE aims to create world-class Emirati defence and security solutions, for national needs as well as the global market.
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Photo caption: from left to right: Captain Mohamed Al Yahyaei, Chief Harbour Master – AD Ports Group; Othman Al Khouri, Acting Executive Director Corporate Authority, AD Ports Group; Anna-Karin Rosén, Managing Director of Saab in the UAE;Killian Swift, Executive Vice President, Head of Region Middle East and Africa, Saab
About AD Ports Group
Established in 2006, AD Ports Group today serves as one of the world's premier facilitators of logistics, industry, and trade, as well as a bridge linking Abu Dhabi to the world. Listed on the Abu Dhabi Securities Exchange (ADX: ADPORTS), AD Ports Group's vertically integrated business approach has proven instrumental in driving the emirate's economic development over the past decade.
Operating several clusters covering Ports, Economic Cities & Free Zones, Maritime, Logistics, and Digital, AD Ports Group's portfolio comprises 10 ports and terminals, and more than 550 square kilometres of economic zones within KEZAD Group, the largest integrated trade, logistics, and industrial business grouping in the Middle East.
AD Ports Group is rated A+ by S&P and A+ Outlook Stable by Fitch.
For more information, please visit: adportsgroup.com
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Saab
Saab is a leading defence and security company with an enduring mission, to help nations keep their people and society safe. Empowered by its 19,000 talented people, Saab constantly pushes the boundaries of technology to create a safer, more sustainable and more equitable world. Saab designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. Saab is headquartered in Sweden. It has major operations all over the world and is part of the domestic defence capability of several nations.
Since its establishment in 2018, Saab UAE has been a wholly-owned subsidiary of Saab AB, strategically located within Abu Dhabi's Tawazun Industrial Park. This state-of-the-art facility plays a pivotal role as a centre for the development and production of a wide range of cutting-edge defence and security products. By fostering the growth of the local supply chain and actively promoting employment opportunities for Emirati professionals, Saab UAE is making a significant contribution to the region's economic advancement.
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