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AD Ports to buy majority stake in Egypt s Transmar & Transcargo Intl

Investment extends AD Ports Group’s presence in the Red Sea container, cargo and port operations.

Red seaDjibouti generalAin sokhnaAs suwaysSharm el sheikhJanub sinaEl ahwalFalah mohammed al ahbabiMohamed juma al shamisiAd ports groupAuthority for red sea portsNorth africaManaging directorAin sokhna portGeneral authorityRed sea ports

AD Ports to acquire a majority stake in Egyptian maritime firms

AD Ports to acquire a majority stake in Egyptian maritime firms
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Red seaDjibouti generalAin sokhnaAs suwaysSharm el sheikhJanub sinaAl ahbabiFalah mohammed al ahbabiMohamed juma al shamisiInternational associated cargo carrierAd ports groupTransmar international shipping companyEgyptian group for multipurpose terminalsAuthority for red sea portsTranscargo internationalAbu dhabi based

Abu Dhabi Ports Group Acquires 70% Equity Stake in Egypt s Transmar, Transcargo

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

Red seaDjibouti generalAin sokhnaAs suwaysAbu dhabiAbuz abyUnited arab emiratesSharm el sheikhJanub sinaMohamed al shamisiFalah mohammed al ahbabiInternational associated cargo carrierAd ports groupTransmar international shipping companyAbu dhabi ports groupEgyptian group for multipurpose terminals

AD Ports to buy majority stake in Egyptian maritime companies

AD Ports Group said it has entered into a deal to acquire a 70% stake in International Associated Cargo Carrier BV, which wholly owns two Egypt-based maritime companies, Transmar International Shipping Company and Transcargo International (TCI).

Red seaDjibouti generalAin sokhnaAs suwaysSharm el sheikhJanub sinaMatouk bassiounyEl ahwalFalah mohammed al ahbabiMohamed juma al shamisiInternational associated cargo carrierAd ports groupAuthority for red sea portsTransmar international shipping companyAbu ad ports groupEgyptian group for multipurpose terminals

AD Ports Group to buy stake in parent firm of two Egyptian shippers for Dh514m

Deal will be fully funded from Abu Dhabi firm’s Dh3b cash reserves

United arab emiratesRed seaDjibouti generalAin sokhnaAs suwaysAbu dhabiAbuz abySharm el sheikhJanub sinaMohamed al shamisiMatouk bassiounyEl ahwalFalah mohammed al ahbabiAd ports groupInternational associated cargo carrier for dhAuthority for red sea ports