Close Menu
Newsweek ArabiaNewsweek Arabia
    Latest Posts

    Abu Dhabi Forum for Peace, UN discuss cooperation to counter hate speech in Africa

    June 13, 2026

    Canada proposes an under-16 social media ban

    June 13, 2026

    Sharjah residents explore flexible hours, alternative routes as road works cause traffic

    June 13, 2026
    Facebook X (Twitter) Instagram
    Newsweek ArabiaNewsweek Arabia
    Facebook X (Twitter) Instagram
    • Home
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    Newsweek ArabiaNewsweek Arabia
    Home»Technology»AD Ports Group signs tripartite collaboration agreement to enhance cross-border electronics trade
    Technology

    AD Ports Group signs tripartite collaboration agreement to enhance cross-border electronics trade

    Editorial teamBy Editorial teamMay 12, 2026
    Facebook Twitter Pinterest LinkedIn Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email


    ABU DHABI, 12th May, 2026 (WAM) — AD Ports Group has signed a strategic collaboration agreement with Krivia Holdings Limited (KHL) and IRH Global Trading Ltd (IRHGT) to combine logistics infrastructure, digital trading capabilities, and structured trade payment solutions, accelerating cross-border electronics trade through Abu Dhabi.

    The collaboration aims to support the import, export, financing, warehousing, and movement of mobile phones and electronics, while helping position Abu Dhabi as a global hub for the sector through efficiency, transparency, connectivity, and scale.

    A key component of the initiative is MobyIX, a digital B2B trading platform, designed to facilitate the buying, selling, and movement of smartphones and electronics across international markets. The collaboration will explore how advanced AI and machine learning can be integrated with AD Ports Group’s logistics, warehousing, and digital trade infrastructure to support sector growth, complemented by IRHGT’s structured trade finance, liquidity solutions, and banking network to help traders scale efficiently across markets.

    Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group, said, “This collaboration reflects AD Ports Group’s commitment to enabling smarter, more connected trade by integrating advanced digital capabilities with world-class logistics and industrial infrastructure. By supporting the development of an integrated platform for cross-border electronics, we are strengthening Abu Dhabi’s position as a global hub for trade, innovation, and investment, in line with the vision of our wise leadership in the UAE, while creating new opportunities for growth across our economic cities and wider ecosystem.”

    Rishabh Jain, President, Krivia Holdings Limited, said, “We see strong potential to build a technology-enabled trading ecosystem in Abu Dhabi that addresses key gaps in warehousing, digital infrastructure, and access to working capital. By partnering with AD Ports Group and IRH Global Trading, we aim to create a scalable platform that enhances transparency, efficiency, and global connectivity for mobile and electronics traders via MobylX and TradCred.’

    Ali Rashed Alrashdi, CEO of IRH, said, “This collaboration reflects IRH’s commitment to enabling trade-led growth through innovative and scalable structured trade solutions. By supporting the development of a digitally enabled platform for cross-border electronics trade, we aim to help address one of the market’s key challenges: access to efficient, short-tenure supplier’s credit. Together with AD Ports Group and Krivia Holdings Limited, we see strong potential to create a more transparent, agile, and commercially attractive ecosystem that supports traders and reinforces Abu Dhabi’s role as a global centre for trade and investment.”

    The global mobile and electronics trading sector represents a significant growth opportunity, generating more than US$36 billion annually. Over a projected three-year period, the initiative could facilitate over US$12 billion in trade, support the import of approximately 64 million units into Abu Dhabi, and enable the establishment of an estimated 650 new companies within KEZAD.

    Source: Emirates News Agency

    Related Posts

    Canada proposes an under-16 social media ban

    June 13, 2026

    Cequence Security’s zero trust approach to AI security becomes the industry standard

    June 13, 2026

    Abu Dhabi Judicial Department reviews AI initiatives to advance judicial, notary services

    June 13, 2026
    Don't Miss
    UAE

    Abu Dhabi Forum for Peace, UN discuss cooperation to counter hate speech in Africa

    By Editorial teamJune 13, 2026

    NEW YORK, 13th June, 2026 (WAM) — Sheikh Al-Mahfoudh bin Bayyah, Secretary-General of the Abu…

    Canada proposes an under-16 social media ban

    June 13, 2026

    Sharjah residents explore flexible hours, alternative routes as road works cause traffic

    June 13, 2026

    CBUAE strengthens leadership in financial inclusion through strategic partnership with World Bank Group

    June 13, 2026
    Our Picks

    Abu Dhabi Forum for Peace, UN discuss cooperation to counter hate speech in Africa

    June 13, 2026

    Canada proposes an under-16 social media ban

    June 13, 2026

    Sharjah residents explore flexible hours, alternative routes as road works cause traffic

    June 13, 2026

    CBUAE strengthens leadership in financial inclusion through strategic partnership with World Bank Group

    June 13, 2026
    Facebook X (Twitter) Instagram Pinterest
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    2026. All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.