{"id":76598,"date":"2024-02-07T00:00:00","date_gmt":"2024-02-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/02\/07\/maqta-gateway-acquires-a-60-stake-in-dubai-technologies-for-aed-28-mn\/"},"modified":"2024-02-07T00:00:00","modified_gmt":"2024-02-07T00:00:00","slug":"maqta-gateway-acquires-a-60-stake-in-dubai-technologies-for-aed-28-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/02\/07\/maqta-gateway-acquires-a-60-stake-in-dubai-technologies-for-aed-28-mn\/","title":{"rendered":"Maqta Gateway acquires a 60% stake in Dubai Technologies for AED 28 mn"},"content":{"rendered":"

<\/strong>AD Ports Group<\/a><\/strong>digital arm <\/strong>Maqta Gateway<\/a><\/strong> has acquired a 60% stake in trade and <\/strong>transport solutions provider<\/strong>Dubai Technologies<\/a><\/strong>for <\/strong>AED 28 mn<\/strong>, according to a press release<\/a>. Dubai Trade\u2019s founder will maintain a 40% stake in the company with the company retaining its current leadership, the statement notes.<\/p>\n

The acquisition will see Maqta Gateway integrate Dubai Technologies\u2019 solutions into its in-house port digitization software<\/strong>, the company said. That includes the company\u2019s flagship software, Minato, which includes fleet management, passenger transportation, smart driving analytics, and waste transportation management, the statement said. <\/p>\n

What they said: <\/strong>\u201cThe extended technical capabilities acquired through this investment will be instrumental in delivering a more differentiated service to international markets. We also look forward to leveraging cost synergies, offering superior operational efficiencies, and unmatched solutions to our partners and stakeholders\u201d Managing Director and Group CEO of AD Ports Group Mohamed Juma Al Shamisi said. <\/p>\n","protected":false},"excerpt":{"rendered":"

The acquisition will strengthen Maqta\u2019s digital offerings<\/p>\n","protected":false},"author":1,"featured_media":76599,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[941],"tags":[168,137,129],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-76598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch-2","tag-ad-ports","tag-ma-watch","tag-uae","wpautop","entry"],"acf":{"mongo_id":"6d4e2d84-1c76-4c9c-85c8-f5aa6092b61f","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/2\/472.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Maqta Gateway acquires a 60% stake in Dubai Technologies for AED 28 mn","related_issue":[76591],"teaser":"The acquisition will strengthen Maqta\u2019s digital offerings","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.36ce064b-6a12-4baa-8e24-cd6e85695123.mp3"},"yoast_head":"\nMaqta Gateway acquires a 60% stake in Dubai Technologies for AED 28 mn - 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