In a move to boost maritime and tourism development in Aqaba, Jordan, AD Ports Group has announced the signing of a shareholders’ agreement between its digital arm, Maqta Gateway, and the Aqaba Development Corporation (ADC) with regards to their existing joint venture company, Maqta Ayla.
Maqta Gateway will have a 51% stake in Maqta Ayla, while ADC will own 49%.
“Guided by our leadership, we remain steadfast in our approach to support the economic development plans of the Hashemite Kingdom of...