{"id":704063,"date":"2026-05-20T00:00:00","date_gmt":"2026-05-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=704063"},"modified":"2026-05-20T02:53:57","modified_gmt":"2026-05-20T02:53:57","slug":"ad-ports-launches-red-sea-cruise-and-neom-ferry-services","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/20\/ad-ports-launches-red-sea-cruise-and-neom-ferry-services\/","title":{"rendered":"AD Ports launches Red Sea cruise and Neom ferry services"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>AD Ports Group has launched new ferry operations <\/strong><strong>connecting Safaga to Saudi Arabia\u2019s Neom <\/strong>alongside new passenger cruise services across its three Red Sea terminals in Sharm El Sheikh, Hurghada, and Safaga, according to a <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2026\/05\/19\/ad-ports-group-launches-cruise-and-ferry-terminal-services-in-egypt\" style=\"\">statement<\/a>. The rollout follows a 15-year concession agreement with Egypt\u2019s Red Sea Ports Authority to develop, manage, and operate the three cruise terminals and associated ferry operations.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why this matters: <\/strong>The Safaga-Neom ferry route comes as Gulf and Egyptian logistics players increasingly explore Egypt\u2019s role as a <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/hardhats\/shippers-weigh-long-term-case-for-europe-egypt-gcc-road-leg\/\" style=\"\">regional backup corridor<\/a> linking Europe and Gulf Markets. During the Hormuz disruptions, cargo moved through Damietta, across Egypt to Safaga, and onward by ferry into Neom \u2014 highlighting how Red Sea ferry and port infrastructure could become part of wider regional supply chain resilience planning.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Also on our radar<\/p>\n<ul>\n<li><strong>Heliopolis Housing has secured an EGP 1.5 bn short-term credit <\/strong><strong>facility from Banque du Caire<\/strong>, which will be used to optimize short-term liquidity management while funding the company's project expansion. (<a target=\"_blank\" href=\"https:\/\/ent.news\/2026\/5\/1195.pdf\" style=\"\">EGX disclosure<\/a>)<\/li>\n<li><strong>Swedish AI sports tech firm PlayReplay is eyeing expansion into <\/strong><strong>Egypt<\/strong><strong> and the GCC<\/strong> following a USD 12 mn investment round to scale its real-time tennis-tracking platform. (<a target=\"_blank\" href=\"https:\/\/ent.news\/2026\/5\/1170.pdf\" style=\"\">Press release, pdf<\/a>)<\/li>\n<li><strong>The African Export-Import Bank is backing efforts to<\/strong><strong> position<\/strong><strong> Egypt as a continental re-export hub<\/strong>, proposing a joint program with state authorities to accredit export-trading companies to distribute Egyptian goods across Africa. (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/p\/1Cjba4SPfC\/\" style=\"\">Statement<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Plus: Heliopolis Housing secures a EGP 1.5 bn short-term credit facility from Banque du Caire<\/p>\n","protected":false},"author":1,"featured_media":704064,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7209],"tags":[12688,111,8540,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-704063","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-ad-ports-group","tag-also-on-our-radar","tag-artificial-intelligence","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"e4068fab-f446-4d68-a190-3a21bb9af69b","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/3\/146.jpg","photo_position":"above","homepage_title":"","full_issue_title":"AD Ports launches Red Sea cruise and Neom ferry services","related_issue":[704047],"teaser":"Plus: Heliopolis Housing secures a EGP 1.5 bn short-term credit facility from Banque du Caire"},"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>AD Ports launches Red Sea cruise and Neom ferry services - 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\/2026\/05\/20\/ad-ports-launches-red-sea-cruise-and-neom-ferry-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AD Ports launches Red Sea cruise and Neom ferry services\" \/>\n<meta property=\"og:description\" content=\"Plus: Heliopolis Housing secures a EGP 1.5 bn short-term credit facility from Banque du Caire\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/20\/ad-ports-launches-red-sea-cruise-and-neom-ferry-services\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-20T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-20T02:53:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/146.jpg?fit=%2C&ssl=1\" \/>\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\" 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&quot;Logistics&quot;","block_context":{"text":"Logistics","link":"https:\/\/enterpriseam.com\/egypt\/category\/logistics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1833.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":623943,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-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\/","url_meta":{"origin":704063,"position":2},"title":"China\u2019s 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","author":"enterpriseam admin","date":"13 June 2024","format":false,"excerpt":"The investments will go towards increasing container capacity at various Egyptian ports","rel":"","context":"In &quot;Logistics&quot;","block_context":{"text":"Logistics","link":"https:\/\/enterpriseam.com\/egypt\/category\/logistics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1078.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546187,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/08\/abu-dhabi-ports-to-build-and-run-safaga-terminal-cruise-ship-infrastructure\/","url_meta":{"origin":704063,"position":3},"title":"Abu Dhabi Ports to build and run Safaga terminal, cruise ship infrastructure","author":"enterpriseam admin","date":"8 May 2022","format":false,"excerpt":"Abu Dhabi Ports to develop and run Safaga terminal in JV with state authorities: Abu Dhabi Ports (ADP) has signed a contract to develop, operate and manage a multi-purpose terminal in Safaga Port as part of a joint venture with the Red Sea Ports Authority and the Transport Ministry\u2019s commercial\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/86.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":613067,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/08\/ad-ports-inks-usd-3-mn-initial-agreement-to-run-three-cruise-terminals-plus-ex-ndp-hq-complex-russian-ev-factory-tasweyat-capital-increase\/","url_meta":{"origin":704063,"position":4},"title":"AD Ports inks USD 3 mn initial agreement to run three cruise terminals. PLUS: ex-NDP HQ complex, Russian EV factory, Tasweyat capital increase","author":"enterpriseam admin","date":"8 January 2024","format":false,"excerpt":"AD Ports is expected to ink the final 15-year concession agreement in 1Q 2024","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/404.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577524,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/27\/has-qatar-chosen-safaga-port\/","url_meta":{"origin":704063,"position":5},"title":"Has Qatar chosen Safaga port?","author":"enterpriseam admin","date":"27 November 2022","format":false,"excerpt":"Qatar\u2019s sovereign fund wants the port of Safaga: The Qatar Investment Authority (QIA) is reportedly in talks with the Madbouly government to develop and manage the port of Safaga under a 25-year contract, Bloomberg Asharq quotes two unidentified sources as saying. 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