Adani Ports floats unit in Oman, seen closing in on Salalah Port

Adani Ports and Special Economic Zone is incorporating a new company in Oman. The current operator of Salalah Port will not extend its concession agreements expiring in 2028. This development suggests a potential deal between Adani Ports and the Oman government. The company is evaluating over 20 international assets for acquisition opportunities. Analysts believe this indicates a strong possibility of Adani Ports securing Salalah Port operations soon.