After signing the contract at the end of last year for the construction of the multipurpose terminal of the Egyptian port of Safaga ( of 27 December 2023), last week the Emirati group AD Ports has further expanded its presence in ports Egyptians on the Red Sea by signing with the Red Sea Port Authority the 15-year concession contract for the management of the passenger traffic and related port infrastructure in the ports of Hurghada, Safaga and Sharm El Sheikh. With the agreement, the The Egyptian Government intends to promote, in particular, trafficking in cruise and yachting in the region.

The ports of Safaga and Hurghada have new stations inaugurated in 2015 and 2016 respectively, while the Sharm El-Sheikh Maritime Station will be upgraded and redeveloped with the collaboration of the Abu Dhabi group. From part of AD Ports, an investment of three million is planned over 15 years.