New Terminal Deal for Egypt’s Safaga Port
MOU Signed by AD Ports for New Safaga Port Terminal
Egypt’s Safaga Port is expecting to receive a new multipurpose terminal after Abu Dhabi Ports Group (AD Ports) and the Egyptian Group for Multipurpose signed an Memorandum of Understanding (MOU).
AD Ports stated, “The MoU aims to support the growth of the Middle East’s industrial and logistics sectors, as well as assist in opening new markets for Egyptian exports via direct maritime routes across the Arabian Gulf, East Asia, and Africa regions.”
