Egypt Agrees with AD Ports to Develop Cruise and Cargo at Red Sea Ports wardheernews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wardheernews.com Daily Mail and Mail on Sunday newspapers.
Egypt Agrees with AD Ports to Develop Cruise and Cargo at Red Sea Ports maritime-executive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from maritime-executive.com Daily Mail and Mail on Sunday newspapers.
Abu Dhabi Ports Group initiated a 15-year concession agreement with the Red Sea Port Authority (RSPA) to operate and manage three cruise terminals at Safaga, Hurghada, and Sharm el-Sheikh ports. The agreement also encompasses the renovation of the Sharm el-Sheikh terminal, aiming to enhance the cruise tourism experience in Egypt. A definitive concession agreement is expected to be concluded in the first quarter of 2024, subject to regulatory approvals.