COFICERT: AD Ports Group Successfully Renews MSI 20000 Certification for the quality of its financial governance
PARIS, FRNACE / DUBAI, UAE - Media OutReach Newswire - 11 March 2025 - COFICERT announces that AD Ports Group (ADX: ADPORTS), a leading facilitator of global trade, logistics, and industry, renewed its MSI 20000 certification for a second consecutive cycle, reaffirming its unwavering commitment to international financial quality standards. The renewal further highlights AD Ports Group's ongoing adherence to the stringent requirements of the MSI 20000 Standard.
In 2021, AD Ports Group became the first organisation in the Middle East operating in ports, industrial zones, and logistics to achieve the MSI 2000 certification, highlighting its commitment to towards excellence. Three years later by renewing its certification cycle, AD Ports Group is thus pursuing its process of continuous improvement and refinement of its financial governance, through regular MSI 20000 reviews and evaluations, which serve as essential internal management tools.
The certification was awarded by the French certification body COFICERT, word leader in financial and non-financial certifications, operating in over 40 countries across four continents.
AD Ports Group's management received their second MSI 20000 compliance certificate at the group's headquarters from an official delegation of the French certification body COFICERT, led by Mr. Cristian Mocanu, Secretary General of COFICERT, Mr. Souheil Skander, CEO of COFICERT MENA, and in the presence of representatives from TAG-Consulting (Talal Abu-Ghazaleh Consulting), the technical partner for MSI 20000 certification in the Middle East.
MSI 20000 is the international standard dedicated to the quality of financial governance for companies and institutions, regulated by the International Group for Sustainable Finance (IGSF). It offers a comprehensive model for measuring and evaluating financial stability and performance, based on sector-specific normative benchmarking. The certification operates on a three-year cycle, ensuring that companies continuously uphold high standards of financial governance and performance over time.
Martin Aarup, Group Chief Financial Officer - AD Ports Group, said: : "We are proud to have successfully obtained our second consecutive MSI 20000 financial quality certification, which reaffirms AD Ports Group's position as a leader in financial governance within ports, industrial zones, and logistics sectors. This achievement underscores our sustained commitment to financial excellence, continuous improvement, and adherence to global best practices, while ensuring resilience and transparency. Securing this certification for a second cycle, AD Ports Group among an elite group of companies worldwide recognised for the quality of their financial governance. The certification is a testament to our ability to navigate market dynamics while maintaining strong financial health."
The issuer is solely responsible for the content of this announcement.
COFICERT
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Emirates Woman
11 hours ago
- Emirates Woman
The first-ever Birkin bag is up for sale. Here's how you can buy it
For fashion connoisseurs and collectors alike, the Hermès Birkin is more than an accessory—it's a cultural artifact, a symbol of status, and, increasingly, a sound investment. Yet even for those with considerable means, securing one is no simple feat. Waiting lists stretch into years, and exclusivity is fiercely guarded. But now, the ultimate sartorial trophy, the very first Birkin bag ever created, is set to go under the hammer. Sotheby's Paris will unveil this historic piece in its Fashion Icons sale on July 10, offering a rare chance to own the prototype that launched a global phenomenon. Estimated to start bidding around $10,000, this isn't just any Birkin—it's the original, once carried by its namesake, Jane Birkin herself. Crafted in supple black leather with gleaming gold hardware, the saddle-style bag bears the engraved initials J.B., a testament to its personal connection with the British-French icon. Its provenance is as legendary as its design: conceived in 1984 during a chance encounter on a flight, when Birkin's straw tote spilled mid-air. Over a casual conversation with Hermès CEO Jean-Louis Dumas, the blueprint for the Birkin was sketched on an airplane sick bag—an origin story befitting fashion folklore. The bag was gifted to Birkin, who later sold it in 1994 to raise funds for AIDS research. It eventually landed in the hands of a private collector, known only as Catherine B. Now, three decades later, it returns to the auction stage, where it could very well shatter records. Sotheby's has remained tight-lipped on the reserve price, but expectations are high. 'The Original Birkin holds the potential to redefine records,' says Morgane Halimi, Sotheby's global head of handbags and fashion. The current auction record for a handbag stands at $510,000, set by a diamond-encrusted crocodile Birkin in 2017. Before the Paris sale, the bag will be exhibited at Sotheby's New York from June 6 to 12, followed by a showcase in Paris. Online bidding opens June 26, closing on July 10—marking the end of an era for one collector, and the beginning of a new chapter for another. For those who covet not just luxury, but legacy, this is the ultimate acquisition. – For more on luxury lifestyle, news, fashion and beauty follow Emirates Woman on Facebook and Instagram Images: Supplied & Feature Image: Pinterest


Arabian Post
14 hours ago
- Arabian Post
Generali Hong Kong Introduces LionAchiever Elite with High Potential Returns¹ and All-in-One Legacy Solutions
Generali Hong Kong announces the launch of LionAchiever Elite (the 'Plan'), a new flagship whole life savings and life insurance plan that offers customers high potential returns¹ with a short 2-year premium payment term, while also providing all-in-one legacy planning. HONG KONG SAR – Media OutReach Newswire – 9 June 2025 – Generali Hong Kong announces the launch of LionAchiever Elite (the 'Plan'), a new flagship whole life savings and life insurance plan that offers customers high potential returns¹ with a short 2-year premium payment term, while also providing all-in-one legacy planning. Designed to support both wealth accumulation and legacy planning, the plan empowers customers to achieve their financial goals and take control of how their legacy is preserved and passed on. With a premium payment term of just 2 years, LionAchiever Elite provides an accessible solution for customers to grow their wealth with minimal ongoing commitment. The plan offers high potential returns¹ and early breakeven at early as the 3rd policy year¹. By the 10th policy year, it reaches a projected internal rate of return of up to 5.03% per annum¹, making it a powerful solution for customers looking to grow their wealth with a shorter commitment period. In addition to wealth growth, the Plan provides comprehensive legacy planning solutions that support seamless wealth transfer across generations. These include the Death Benefit Payment Option, Policy Split Option, and Policy Custodian Option, allowing customers to tailor how their wealth is passed on through a single, integrated solution that gives them greater flexibility and control. ADVERTISEMENT Ronald Tse, Chief Insurance Officer, Generali Hong Kong, said: 'LionAchiever Elite is designed for customers who want more control over their wealth, not just in how they grow it, but also in how they transfer it to future generations. With flexible, all-in-one legacy planning solutions and a short 2-year premium term, the plan empowers our customers to plan ahead with clarity, confidence, and peace of mind.' LionAchiever Elite's Key Features include: Short premium payment term of 2 years with high potential returns 1 and early breakeven 1 with and Flexible death benefit settlement – choose lump sum, monthly instalments, partial or deferred payment for each beneficiary 2 – choose lump sum, monthly instalments, partial or deferred payment for each beneficiary Policy Split Option – pre-arrange to split the policy automatically among beneficiaries upon the insured's death 2 – pre-arrange to split the policy automatically among beneficiaries upon the insured's death Policy Custodian Option – nominate a trusted person to manage the policy temporarily when the Policyholder passes away until the successor is ready2 Building on the success of LionAchiever, the new LionAchiever Elite is designed to offer even more features and greater flexibility to meet customers' evolving financial needs. For more information about LionAchiever Elite, please visit All information above is for reference only and does not constitute any offer and/or insurance product recommendation. The product information in this material does not contain the full terms of the product, for the details of the product features, terms and conditions, exclusions and key product risks, please refer to the product brochure and policy contract of relevant products or visit the website. Remarks: ADVERTISEMENT 1. The calculation for total breakeven and total IRR includes Guaranteed Cash Value and non-guaranteed Terminal Dividend. It is not guaranteed. It is based on the scenario of 2 years Premium Payment Term with existing promotion of 4% premium refund, annual premium payment mode with Total Premiums Paid of USD 1,000,000. It is assumed that all premiums are paid in full when due without any prepayment, policy loan, withdrawal, and/or exercise of any policy options 2. Please refer to the Policy Provisions, product brochure, 'Generali's All-in-one Legacy Planning Solutions' leaflet, forms, promotion flyer and other relevant documents for details. Hashtag: #GeneraliHongKong The issuer is solely responsible for the content of this announcement. Generali Hong Kong In 1981, Assicurazioni Generali S.p.A. was first registered as an authorised insurer in Hong Kong, with the business extending into the life insurance sector in 2016 with Generali Life (Hong Kong) Limited. With a combination of local knowledge and Generali Group's global expertise, we develop unique and innovative life insurance, general insurance, specialty insurance, and employee benefits solutions to meet the needs of our customers. THE GENERALI GROUP Generali is one of the largest integrated insurance and asset management groups worldwide. Established in 1831, it is present in over 50 countries in the world, with a total premium income of € 95.2 billion and € 863 billion AUM in 2024. With around 87,000 employees serving 71 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. At the heart of Generali's strategy is its Lifetime Partner commitment to customers, achieved through innovative and personalised solutions, best-in-class customer experience and its digitalised global distribution capabilities. The Group has fully embedded sustainability into all strategic choices, with the aim to create value for all stakeholders while building a fairer and more resilient society.


ME Construction
15 hours ago
- ME Construction
AD Ports Group unveiled the inaugural phase of Tbilisi Intermodal Hub in Georgia
Infrastructure AD Ports Group unveiled the inaugural phase of Tbilisi Intermodal Hub in Georgia By The Tbilisi Dry Port, the initial phase of the Tbilisi Intermodal Hub, will be expanded by early 2026 to include long-term warehousing, container yards, truck parking, and a fourth railway spur AD Ports Group has unveiled the inaugural phase of Tbilisi Intermodal Hub, Georgia's first modern, bonded container and intermodal terminal. This logistics hub plays a crucial role in the group's emerging Central Asian transport strategy, said a statement. The rail-linked logistics centre connects the Caspian and Black seas through Georgia, forming a component of the Middle Corridor, the shortest trade route between Asia and Europe. AD Ports Group owns a 60% stake in Tbilisi Intermodal Hub, and the rest is held by Inveco, a local Georgian investment advisory firm, and Wilhelmsen Group. Ahmed bin Ali Al Sayegh, Minister of State, UAE Ministry of Foreign Affairs said, 'Under the visionary leadership of the UAE Government, we are committed to enhancing international cooperation with strategic global partners who share our vision for mutual benefit and sustainable prosperity. The inauguration of Tbilisi Intermodal Hub exemplifies this commitment by actively developing global trade routes and creating market opportunities for UAE and Georgian businesses.' Jemal Inaishvili, Founder of Inveco, Georgia added, 'The inauguration of Tbilisi Intermodal Hub is a major step for the development of the logistics sector in Georgia and Central Asia. Leveraging its extensive expertise in port operations and logistics, AD Ports Group is introducing advanced management practices to Georgia's logistics sector. This collaboration not only enhances the operational efficiency of the Tbilisi Intermodal Hub but bolsters economic ties between the UAE and Georgia.' The Tbilisi Intermodal Hub's initial phase, the Tbilisi Dry Port, is an Inland Container Depot (ICD) that handles container cargo transported by rail and truck. The group and its partners plan to expand the facility by early 2026. This expansion will include long-term warehousing, additional container yards, truck parking, and a fourth railway spur. The goal is to transform the facility into a full-service import-and-export logistics hub for all of Central Asia, a growing region that AD Ports Group positions as a growth corridor, the statement added. Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group commented, 'The inauguration of the first phase of Tbilisi Intermodal Hub is a significant step in our long-term plan to develop the Middle Corridor into a viable East-West trade corridor through Central Asia, where the volume of goods is expected to triple by 2030, according to The World Bank. Under the wise guidance of our leadership in the UAE, AD Ports Group is dedicated to pioneering the strategic, low-impact trade corridors of a sustainable future. With our investments in Tbilisi and elsewhere along the Middle Corridor, we are strengthening global supply chains through investments that foster economic growth and job creation, by creating efficient trade pathways that cater to the emerging economies of Central Asia.' As Tbilisi Intermodal Hub expands in its second and third phases, it will process a wide range of cargo, including containerised vehicles and various forms of bulk and break-bulk commodities such as minerals, ores, and fertilisers. These commodities play a crucial role in the supply chains of Georgia, Armenia, and Azerbaijan, as well as serving as an East-West crossroads for goods between China and Europe. Tbilisi Intermodal Hub's soft launch commenced when it received its inaugural shipment of 30 containers, each carrying over 26t of cargo. These containers were delivered via rail link from an MSC ship docked at Georgia's Black Sea Port of Batumi. Tbilisi Intermodal Hub, an inland extension of Batumi and the Port of Poti, Georgia's key seaports, will play an important role as a logistics staging hub, accelerating trade flows across the Caucasus region and Central Asia. The facility has received both customs zone authorisation and Georgia's first railway infrastructure operation and safety certification from the state Rail Transport Agency. The inauguration of the Georgian intermodal logistics hub marks a significant milestone in the Group's strategy to transform the Middle Corridor into a viable and modern high-volume trade corridor connecting China and Europe through Central Asia. This corridor will be facilitated by the Group's ports and maritime assets in Türkiye and Pakistan. Stretching over 7,000km, the Middle Corridor is anticipated to handle up to 1.9m TEUs of container cargo annually by 2040. This surge in cargo volume is driven by manufacturers' growing preference for shorter seaborne routes to avoid longer transit times. Tbilisi Intermodal Hub will initially handle up to 96,000 TEUs annually. The facility enables flexible cargo flows from Central Asia and the Far East via multiple transport modes railcars, shipper-owned containers, and trucks – with cross-docking to ocean carriers for global distribution, and vice versa. By early 2026, the second phase of construction will more than double the annual handling capacity of Tbilisi Intermodal Hub to up to 200,000 TEUs. Connected to Georgia's national rail network, the hub offers direct access to the country's international highways, thus bypassing city congestion. The inauguration of this facility marks a significant milestone for AD Ports Group, aligning with its mission to enhance global trade routes and logistics capabilities. Tbilisi Intermodal Hub not only strengthens economic ties between the UAE and Georgia but also positions both nations as key players in the Middle Corridor.