AD Ports Group, Red Sea Port Authority sign 15-year agreement to boost cruise tourism in Egypt

AD Ports Group, Red Sea Port Authority sign 15-year agreement to boost cruise tourism in Egypt

The concession agreement was initialled in the presence of Lieutenant-General Eng. Kamel El Wazir, Egypt's Minister of Transport, by Major General Mohamed Abdel Rahim, Chairman of the Board of Directors of the Red Sea Ports Authority and Ahmed Al Mutawa, Regional CEO, AD Ports Group, at the Egyptian Ministry of Transportation in New Capital City - Cairo.

The collaboration will see AD Ports Group investing US$3 million over 15 years in the management and operation of the three cruise terminals to provide new services, improve access for cruise operators and add new itineraries through the Group's cruise terminal network in the Red Sea.

This will strengthen AD Ports Group's cruise business in the Red Sea region, supporting volumes of cruise passengers and elevating passenger and cruise experiences.

Ahmed Al Mutawa, Regional CEO, AD Ports Group, said, "This agreement is a testament to our commitment to fostering tourism in the Red Sea region and strengthening the existing ties between the United Arab Emirates and Egypt. With an investment of US$3 million, AD Ports Group is poised to boost cruise tourism in the Red Sea, bringing world-class services and facilities to these ports, whilst supporting economic growth for Egypt."

This latest partnership