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Egypt, EU sign agreement to boost trade with EUR 8 mn commitment
Stories on our radar this morning from around the region
Jordan’s ADC inks USD 125 mn agreement to upgrade Sheikh Sabah Al Ahmad LNG terminal
The project is slated to be completed within 22 months
UK commits USD 35 mn to Congo’s first deep-sea container port with DP World
The project is set to turn DRC into a major trading hub in Africa
AD Ports’ Noatum Maritime takes majority stake in Egypt’s Safina
Safina’s founders will maintain a minority stake in the company, and the firm will be rebranded as Noatum Maritime Egypt.
TODAY: AD Ports is now majority owner of Tbilisi Dry Port
What we’re tracking this morning regionally and around the world
Alexandria reportedly eyes EGP 6 bn loan to develop port’s infrastructure
The loan is reportedly being finalized with an alliance led by the National Bank of Egypt to develop the port’s…
DP World is one of seven firms handling over 40% of the world’s container traffic
Seven major firms manage over 40% of global port throughput.
AD Ports, Egytrans, and Milaha post 2Q earnings
It’s an up and down dance for the region’s shipping and port players
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