The Abu Dhabi Ports Group has been awarded a preliminary credit rating of 'A1' with a stable outlook by the international credit rating agency Moody's.

This recognition highlights the group's robust financial performance and its exceptional growth prospects.

The long-term 'A1' credit rating underscores the strong financial standing of the Abu Dhabi Ports Group, which is strengthened by its baseline credit assessment (BCA) in the 'baa2' category and its majority ownership by the Government of Abu Dhabi through ADQ.

Moody's new rating serves as a testament to the capabilities and efficiency of Abu Dhabi Ports Group's assets, such as Khalifa Port and KIZAD.

It also signifies the group's pivotal role in the economic diversification strategy of the emirate, along with its robust infrastructure, flexible business model, high growth rates, and commitment to prudent financial policies.

This is the first time Abu Dhabi Ports Group has received a credit rating from Moody's.

The group has previously attained investment-grade credit ratings from other global agencies like Standard & Poor's and Fitch.

Captain Mohamed Juma Al-Shamisi, Managing Director and Chief Executive Officer of Abu Dhabi Ports Group, expressed his satisfaction upon receiving the Moody's credit rating, stating, 'We are delighted to receive this credit rating from Moody's, which highlights our steadfast commitment to financial discipline, operational excellence, and sustainable growth.

Abu Dhabi Ports Group is dedicated to growth that delivers profitable returns to all stakeholders.

This achievement enhances our market reputation and enables us to achieve ongoing successes and access larger funding sources.'