{"id":103300,"date":"2025-05-05T00:00:00","date_gmt":"2025-05-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/ad-ports-goes-big-in-egypt\/"},"modified":"2025-05-05T00:00:00","modified_gmt":"2025-05-05T00:00:00","slug":"ad-ports-goes-big-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/05\/05\/ad-ports-goes-big-in-egypt\/","title":{"rendered":"AD Ports goes big in Egypt"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>AD Ports inks 50-year concession for new logistics zone in Egypt: <\/strong>Egypt\u2019s Suez Canal Economic Zone signed a 50-year concession agreement with Abu Dhabi Ports Group (AD Ports) to establish a 20 sq km logistics and industrial zone east of Egyptian coastal city Port Said, according to an Egyptian <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0vo9FtD9s1fG2H2nf8qNnxPeAP8uw1mPUrsGkbzV9wzDh11rYVziEJCYAz2aq7CLRl\" style=\"\" rel=\"noopener\">cabinet statement<\/a> and <a target=\"_blank\" href=\"https:\/\/www.adportsgroup.com\/en\/news-and-media\/2025\/05\/04\/ad-ports-group-and-egypts-suez-canal-economic-zone-sign-agreement\" style=\"\" rel=\"noopener\">another from the logistics player<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> Under the agreement, AD Ports will develop, finance, build, and operate the industrial area, with construction set to begin by the end of this year, the Egyptian Cabinet said. The first phase will see the Emirati group invest USD 120 mn for development and feasibility studies to develop a 2.8 sq km area set to be developed over three years. Further plans include a 1.5 km quay that may feature a multipurpose cargo terminal.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More to come\u2026 with Hassan Allam Holding? <\/strong>\u201cThe development of phase 1 will be anchored by key potential clients and partners, including one of the region\u2019s foremost construction and development groups, Hassan Allam Holding,\u201d the AD Ports statement read. AD Ports and Hassan Allam Holding inked an MoU to \u201cdevelop and invest in the industrial zone and explore other projects.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AD Ports has been growing its footprint in Egypt through a series of investments: <\/strong>As of last December, AD Ports had <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/f615911c-a950-4f8c-9e43-a8e12646b6cb\/emirates-nbd-dually-lists-usd-500-mn-bond-on-nasdaq-and-euronext-dublin\" style=\"\" rel=\"noopener\">invested an estimated USD 349 mn<\/a> in Egypt over the past three years. The group <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/6be91c44-beff-4338-9bab-ea9fd03954c8\/adp-inks-usd-200-mn-egypt-terminal-agreement.-plus:-news-from-real-estate,-financial-services,-energy,-trade,-and-tourism,-and-more\" style=\"\" rel=\"noopener\">signed a USD 200 mn, 30-year concession<\/a> to develop the Safaga II terminal and landed a 15-year contract to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/05276cce-f57c-4242-b240-28b1a42340a7\/ad%253cmark%253e-ports%253c%2Fmark%253e-lands-15-year-agreement-to-develop-three-egyptian-cruise-terminals\" style=\"\" rel=\"noopener\">develop and operate three cruise terminals<\/a> in Hurghada, Safaga, and Sharm El Sheikh and another for a planned roll-on, roll-off ship terminal and cruise terminal in Ain Sokhna Port. It also signed an MoU to develop <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/944f4679-dfe6-4847-a1a9-0bde88d8ba62\/two-egyptian%253cmark%253e-financial%253c%2Fmark%253e-services-firms-are-expanding-to-the-uae\" style=\"\" rel=\"noopener\">a green methanol export facility<\/a> in Egypt. The group has also been acquiring local maritime players including <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/99f85003-cd06-4efe-813f-9d09a33d59d6\/one-more-gulf-acquisition-in-the-bag-%2B-kuwait%25e2%2580%2599s-sovereign-fund-joins-the-party\" style=\"\" rel=\"noopener\">Transmar<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/99f85003-cd06-4efe-813f-9d09a33d59d6\/one-more-gulf-acquisition-in-the-bag-%2B-kuwait%25e2%2580%2599s-sovereign-fund-joins-the-party\" style=\"\" rel=\"noopener\">TCI<\/a>, and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/af266c75-f35a-4e09-bc17-c695a85c0e28\/noatum-acquires-egyptian-maritime-services-provider%253cmark%253e-safina%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">Safina<\/a>.<\/p>\n<p class=\"tag-border-left\"> IN OTHER LOGISTICS NEWS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DP <\/strong><strong>World and Asia Terminals Inc (ATI) have completed a USD USD 100 mn project to <\/strong><strong>expand the Philippines\u2019 Manila South Harbor<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.dpworld.com\/news\/releases\/dp-world-and-asian-terminals-inc-invest-us100-million-to-boost-capacity-at-manila-south-harbour\/\" style=\"\" rel=\"noopener\">statement<\/a>. The project featured an extension of the terminal's Pier 3 berth to over 600 meters and an expansion of the existing yard to accommodate 20k TEUs. The initiative also integrated new equipment and hiked up the harbour\u2019s annual throughput capacity by over 25% to almost 2 mn TEUs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking ahead:<\/strong> \u201cWe are lining up more investment projects in the coming years to future-proof the gateway terminals in Manila, Batangas, Cavite, and Laguna, in support of the resilient growth of the Philippine economy,\u201d CEO Ahmed bin Sulaye said, without announcing any specific upcoming project details.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AD Ports has been steadily growing its footprint in Egypt, with total investments estimated at around USD 349 mn over the past three years<\/p>\n","protected":false},"author":1,"featured_media":103301,"comment_status":"","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":[1605],"tags":[2167,23,7,779],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-103300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade-logistics","tag-abu-dhabi-ports","tag-egypt","tag-enterpriseam-uae","tag-trade-logistics","wpautop","entry"],"acf":{"mongo_id":"b60fa050-d099-457f-b0e1-32d3a6121196","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/5\/184.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Abu Dhabi Ports lands new concession in Egypt","related_issue":[103295],"teaser":"AD Ports has been steadily growing its footprint in Egypt, with total investments estimated at around USD 349 mn over the past three years","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.683407fa-0ba9-49d4-b391-e3a52fdbcc70.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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