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AD Ports Group acquired a 19.3% stake in Alexandria Container & Cargo Handling Company from the Saudi Egyptian Investment Company in a deal valued at more than AED 1 billion ($272 million). The transaction expands the UAE group’s footprint in Egypt and strengthens its positioning along key Asia-Middle East-Europe trade routes.<\/p>\n
ALCN operates container terminals in Alexandria and El-Dekheilla with combined capacity of 1.5 million TEUs and a utilisation rate of 71%. The company reported EGP 8.37…<\/p>\n<\/div>\n
Read more on AllAfrica.com<\/a> AD Ports Group acquired a 19.3% stake in Alexandria Container & Cargo Handling Company from the Saudi Egyptian Investment Company in a deal valued at more than AED 1 billion ($272 million). The transaction expands the UAE group’s footprint in Egypt and strengthens its positioning along key Asia-Middle East-Europe trade routes. ALCN operates container terminals […]<\/p>\n","protected":false},"author":6,"featured_media":215492,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[338],"tags":[53014,258,256,2102,5109,7743,4697,415,257,9996,11710,254,9744],"class_list":["post-215491","post","type-post","status-publish","format-standard","has-post-thumbnail","category-egypt","tag-272m","tag-africa","tag-africa-news","tag-alexandria","tag-container","tag-egypt","tag-egypt-news","tag-news","tag-operator","tag-ports","tag-south-africa-today","tag-stake"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/215491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=215491"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/215491\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/215492"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=215491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=215491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=215491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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South Africa Today Africa \u2013 North Africa Egypt<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"