Abu Dhabi Ports Group is looking to invest $500 million in the Egyptian Red Sea port of Safaga and the dry port of 10th of Ramadan, Head of Ports Cluster at Abu Dhabi Ports, Saif Al Mazrouei, told Al Arabiya.
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He added that the company’s global investments amounted to $5 billion in several countries.
As part of its expansion plan, Abu Dhabi Ports announced on Monday that its subsidiary MICCO Logistics acquired 31 tipper trucks in a bid to provide integrated logistics support to the construction and metals manufacturing sectors in the UAE.
