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Logistics (MENA) 
Elsewedy eyes the Gulf, SCZone locks in solar + pharma, and Sinai tourism investors catch a break
Elsewedy’s USD 500 mn GCC push Elsewedy Electric plans to establish nine facilities in Saudi Arabia and two in Qatar,…
ADQ secures indirect majority control of Alexandria Container & Cargo Handling Company
The group funded the acquisition through a mix of banknotes and debt
AD Ports eyes Alexandria logistics hub project
The hub is expected to be one of the largest in the Mediterranean
AD Ports taps Hassan Allam Construction for Safaga terminal infrastructure
AD Ports has invested some USD 349 mn in Egypt over the last three years
AD Ports to receive two Ain Sokhna marine terminals by 1Q 2025. PLUS: Mobica, MID Takseet + Basata, State Lawsuits Authority, Talaat Moustafa Group, Greentech
A high-level committee is reportedly close to finalizing the final terms of the contract
TCI unloads first Panamax vessel at Adabiya Port by using lighterage operation
TCI’s team met the vessel offshore and used floating cranes and barges to offload the cargo at sea
AD Ports subsidiary acquires Egyptian maritime services provider Safina
AD Ports acquired a 70% stake in Safina’s parent company IACC Holdings in 2022
China’s Cosco Shipping to invest USD 375 mn in Egypt in 2024. PLUS: AD Ports to take over three tourism terminals, Taba Maritime Port construction to start 2024 or 2025
The investments will go towards increasing container capacity at various Egyptian ports
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