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Sudan to Develop Red Sea Port in $6-Bln Initial Pact with Emirati Group

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 generalAbu hamadDayr az zawrPort sudanAl bar ala marAl khartumAbu dhabiAbu amamaOsama daoud abdellatifJibril ibrahimUae ad ports groupInvictus investmentRiver nile stateFinance minister jibril ibrahimMiddle east

Sudan to develop Red Sea port in $6b initial pact with Emirati group

The project, located about 200km (124 miles) north of Port Sudan, would include an economic zone, an airport and an agricultural zone of 400,000 feddans (415,000 acr.

Abu hamadNahr an nilRed seaDjibouti generalPort sudanAl bar ala marAl khartumAbu dhabiAbu amamaOsama daoud abdellatifJibril ibrahimUae ad ports groupInvictus investmentRiver nile stateFinance minister jibril ibrahimRed sea port

Sudan, Emirati group to develop $6bn Red Sea port

ABU DHABI: A consortium led by AD Ports Group and Invictus Investment has signed a preliminary agreement with Sudan on Tuesday to build and operate the Abu Amama port and economic zone on the Red Sea with a $6 billion investment. The project, located about 200 km north of Port Sudan, would include an economic zone, an airport and an agricultural zone of 415,000 acres. A

Abu hamadNahr an nilRed seaDjibouti generalPort sudanAl bar ala marAl khartumAbu amamaOsama daoud abdellatifMohammed juma al shamisiJibril ibrahimAd ports groupInvictus investment coEmirates news agencyInvictus investmentRiver nile

Sudan inks $6 billion UAE deal for new Red Sea port

Khartoum: Sudan signed on Tuesday an initial $6 billion deal led by United Arab Emirates AD Ports Group and Invictus Investment to build a vast new R.

Red seaDjibouti generalPort sudanAl bar ala marAl khartumAbu dhabiAbdel fattah al burhanOmar al bashirAbu amamaOsama daoud abdellatifGibril ibrahimAd ports groupBadal groupUnited arab emirate ad ports groupUnited arab emirateInvictus investment

AD Ports unit, Invictus to launch new shipping service

AD Ports Group’s Safeen Feeders has signed a major agreement with Invictus Investment to launch a new international dry bulk shipping service.

Black seaOceans generalRed seaDjibouti generalAbu dhabiAbuz abyUnited arab emiratesMohamed al shamisiSamir abdellatifMohamed juma al shamisiOsama daoud abdellatifAd ports groupAd ports group safeen feedersAbu dhabi securities exchangeInvictus investment companyTradearabia news service

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