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AD Ports buys $28m PIF stake in Egyptian port operator...
21 Nov, 2025 10:51 420 min read
AD Ports Group has acquired a 19% stake in Alexandria Container & Cargo Handling Company for nearly $28 million. This investment, enhancing trade flows along the East-West corridor, follows a substantial revenue increase for ALCN since SEIC's previous investment. AD Ports aims to deepen partnerships in Egypt. ALCN reported FY 2025 revenue of EGP 8.37 billion.... More