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The Nexus
BUSINESSJun 4 · 12:31 UTCSEMAFORDominic Dudley

UAE dives into Latin American ports

The UAE’s AD Ports Group acquired a Brazilian terminal operator for $835 million, while DP World will invest $100 million to expand a Dominican Republic port. These deals align with the UAE’s trade strategy, which includes agreements with over 35 countries and ongoing negotiations with Mercosur.

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UAEplaceAD Ports GrouporganizationBrazilplaceDominican RepublicplaceDP WorldorganizationCLIorganizationMercosurorganization
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