07 October, 2024
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Abu Dhabi Ports

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Abu Dhabi Ports acquires 70% of two Egyptian companies at $140 mln

Abu Dhabi Ports Group announced that it reached an agreement to acquire 70 percent of the shares of the International Cargo Subsidiary, which is wholly owned by Transmar and Transcargo International (TCI) which are based in Egypt. According to a statement by the group obtained by Al-Masry Al-Youm on Friday, the total value of the …

The post Abu Dhabi Ports acquires 70% of two Egyptian companies at $140 mln appeared first on Egypt Independent.

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