{"id":550305,"date":"2022-10-23T03:36:05","date_gmt":"2022-10-23T03:36:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/23\/qatars-sovereign-fund-is-taking-a-closer-look-at-damietta-port\/"},"modified":"2022-10-23T03:36:05","modified_gmt":"2022-10-23T03:36:05","slug":"qatars-sovereign-fund-is-taking-a-closer-look-at-damietta-port","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/23\/qatars-sovereign-fund-is-taking-a-closer-look-at-damietta-port\/","title":{"rendered":"Qatar\u2019s sovereign fund is taking a closer look at Damietta Port"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>WATCH THIS SPACE- Qataris eyeing Damietta Port? <\/strong>Representatives from Maha Capital, the investment arm of Qatar Investment Authority (QIA), visited Damietta Port last week, a month after <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a1b0de2d-c348-49f4-842b-4b5f4ff1c21c\">signing an MoU<\/a> with the Transport Ministry to explore investment in the country\u2019s ports, the Damietta Port Authority <a href=\"https:\/\/www.facebook.com\/damietta.port\/posts\/pfbid0NuoeyxCfChkU4keFEyzTgpmtgG5oQyqveciUt1TkxoaSsCuDPPP2BTtTEW25ZCaZl\">said<\/a> Thursday. Under the agreement, Egypt and Qatar are conducting feasibility studies for \u201cjoint projects in ports.\u201d<\/p>\n<p><strong>Qatar to challenge DP World + Abu Dhabi Ports?<\/strong> Gulf involvement in the nation\u2019s ports has so far been dominated by Dubai\u2019s DP World and Abu Dhabi Ports, which have acquired several container terminals around the Suez Canal and the Red Sea. ADP has been contracted to develop and run a terminal at <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5e296366-a7ef-480b-9002-958773f10d74\">Safaga<\/a> and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5e296366-a7ef-480b-9002-958773f10d74\">Ain Sokhna<\/a> ports and recently <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/72ba8ef5-72b9-4980-95a0-3aad6a31d3c7\">took a majority stake<\/a> in a major local shipping and logistics firm. Meanwhile, DP World has been strengthening its position at Ain Sokhna port, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2109d126-3d56-4e83-887b-c962bd51b6a7\">completing a major expansion<\/a> at the port late last year and recently signing an agreement to build a new logistics zone.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WATCH THIS SPACE- Qataris eyeing Damietta Port? Representatives from Maha Capital, the investment arm of Qatar Investment Authority (QIA), visited Damietta Port last week, a month after signing an MoU with the Transport Ministry to explore investment in the country\u2019s ports, the Damietta Port Authority said Thursday. Under the agreement, Egypt and Qatar are conducting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7272],"tags":[600,2020,72,7111,125,296,2567],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-550305","post","type-post","status-publish","format-standard","hentry","category-investment-watch","tag-abu-dhabi-ports","tag-dp-world","tag-enterpriseam","tag-infrastructure","tag-investment-watch","tag-qatar","tag-qia","wpautop","entry"],"acf":{"mongo_id":"bd3f1189-fe0f-4c6d-914b-7c320d65f001","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[550294],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Qatar\u2019s sovereign fund is taking a closer look at Damietta Port - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/23\/qatars-sovereign-fund-is-taking-a-closer-look-at-damietta-port\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Qatar\u2019s sovereign fund is taking a closer look at Damietta Port\" \/>\n<meta property=\"og:description\" content=\"WATCH THIS SPACE- Qataris eyeing Damietta Port? Representatives from Maha Capital, the investment arm of Qatar Investment Authority (QIA), visited Damietta Port last week, a month after signing an MoU with the Transport Ministry to explore investment in the country\u2019s ports, the Damietta Port Authority said Thursday. Under the agreement, Egypt and Qatar are conducting [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/23\/qatars-sovereign-fund-is-taking-a-closer-look-at-damietta-port\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-23T03:36:05+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/23\/qatars-sovereign-fund-is-taking-a-closer-look-at-damietta-port\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/23\/qatars-sovereign-fund-is-taking-a-closer-look-at-damietta-port\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Qatar\u2019s sovereign fund is taking a closer look at Damietta Port\",\"datePublished\":\"2022-10-23T03:36:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/23\/qatars-sovereign-fund-is-taking-a-closer-look-at-damietta-port\/\"},\"wordCount\":181,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Abu Dhabi Ports\",\"DP World\",\"EnterpriseAM\",\"infrastructure\",\"investment watch\",\"Qatar\",\"QIA\"],\"articleSection\":[\"Investment Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/23\/qatars-sovereign-fund-is-taking-a-closer-look-at-damietta-port\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/23\/qatars-sovereign-fund-is-taking-a-closer-look-at-damietta-port\/\",\"name\":\"Qatar\u2019s sovereign fund is taking a closer look at Damietta Port - 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The Gulf logistics companies\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/450.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577972,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/12\/gulf-sovereign-funds-are-bidding-for-egypt-desalination-plants\/","url_meta":{"origin":550305,"position":3},"title":"Gulf sovereign funds are bidding for Egypt desalination plants","author":"enterpriseam admin","date":"12 December 2022","format":false,"excerpt":"Gulf sovereign wealth funds are among 28 bidders vying for contracts to build the 21 desalinationplants the government is tendering to the private sector, Atter Hannoura, director of the Finance Ministry\u2019s PPP unit, told Enterprise. 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