AD Ports inks deal for terminals at Egypt's Red Sea Ports
PORTS & SHIPPING

AD Ports inks deal for terminals at Egypt's Red Sea Ports

Abu Dhabi Ports has initiated a contract to construct terminals at Egyptian Red Sea ports, marking a significant collaboration in maritime infrastructure development. This venture showcases international cooperation and reinforces Abu Dhabi Ports' commitment to fostering strategic maritime partnerships in the Red Sea region.

In a noteworthy development, Abu Dhabi Ports has officially commenced a contract to build terminals at Red Sea ports in Egypt. This initiative reflects a collaborative effort to enhance maritime infrastructure and trade connectivity, contributing to the economic development of the region.

The contract signifies a milestone in the longstanding relationship between Abu Dhabi Ports and the Red Sea ports in Egypt, emphasising mutual cooperation in bolstering port capabilities. The construction of terminals is expected to facilitate more efficient cargo handling and promote seamless maritime trade operations.

This strategic move aligns with Abu Dhabi Ports' vision of becoming a global maritime hub and reinforces its commitment to international partnerships for sustainable infrastructure development. The terminals' construction is anticipated to have a positive impact on trade flows in the Red Sea, fostering economic growth and strengthening maritime ties between the United Arab Emirates and Egypt.

As Abu Dhabi Ports embarks on this venture to build terminals at Egyptian Red Sea ports, it sets the stage for enhanced maritime collaboration, driving economic prosperity and facilitating smoother trade operations in the strategically vital Red Sea region.

Abu Dhabi Ports has initiated a contract to construct terminals at Egyptian Red Sea ports, marking a significant collaboration in maritime infrastructure development. This venture showcases international cooperation and reinforces Abu Dhabi Ports' commitment to fostering strategic maritime partnerships in the Red Sea region. In a noteworthy development, Abu Dhabi Ports has officially commenced a contract to build terminals at Red Sea ports in Egypt. This initiative reflects a collaborative effort to enhance maritime infrastructure and trade connectivity, contributing to the economic development of the region. The contract signifies a milestone in the longstanding relationship between Abu Dhabi Ports and the Red Sea ports in Egypt, emphasising mutual cooperation in bolstering port capabilities. The construction of terminals is expected to facilitate more efficient cargo handling and promote seamless maritime trade operations. This strategic move aligns with Abu Dhabi Ports' vision of becoming a global maritime hub and reinforces its commitment to international partnerships for sustainable infrastructure development. The terminals' construction is anticipated to have a positive impact on trade flows in the Red Sea, fostering economic growth and strengthening maritime ties between the United Arab Emirates and Egypt. As Abu Dhabi Ports embarks on this venture to build terminals at Egyptian Red Sea ports, it sets the stage for enhanced maritime collaboration, driving economic prosperity and facilitating smoother trade operations in the strategically vital Red Sea region.

Next Story
Infrastructure Transport

Sonowal Unveils Eight Projects at NMPA’s Golden Jubilee

Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, inaugurated the Curtain Raiser Ceremony of the Golden Jubilee Celebrations of the New Mangalore Port Authority (NMPA) at Bharat Mandapam. To commemorate the milestone, he unveiled eight major maritime infrastructure projects designed to strengthen India’s port network, enhance logistics performance, and promote sustainability. These include a modern cruise terminal, new covered storage facilities, a 150-bed multi-speciality hospital, expanded truck terminals, and improved port access infrastructure aimed at enhancing..

Next Story
Infrastructure Energy

India To Boost US LPG Imports, Cut Middle East Reliance

India is planning to reduce imports of liquefied petroleum gas (LPG) from the Middle East as state-owned refiners prepare to ramp up purchases from the United States, according to sources familiar with the matter. The move aligns with New Delhi’s efforts to expand energy cooperation and secure a broader trade deal with Washington. State refiners have already notified their traditional LPG suppliers in Saudi Arabia, the United Arab Emirates, Kuwait and Qatar of the potential reduction in imports. Although the exact size of the supply cut was not disclosed, earlier reports suggested that Indi..

Next Story
Infrastructure Energy

UK Sanctions Nayara Energy in Crackdown on Russian Oil

The United Kingdom has announced fresh sanctions on 90 entities, including Indian refiner Nayara Energy Limited, in its latest bid to curb Russian oil revenues and weaken President Vladimir Putin’s war funding. The sanctions, unveiled jointly by the Foreign, Commonwealth and Development Office (FCDO) and the UK Treasury, aim to disrupt networks supporting Moscow’s crude exports amid the ongoing war in Ukraine. According to the FCDO, the new restrictions are intended to “strike at the heart of Putin’s war funding” by targeting firms and assets that enable Russia’s energy trade. “..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?