Economy Politics Local 2025-11-20T16:13:35+00:00

Abu Dhabi Ports Acquires Stake in Saudi Egyptian Company

Abu Dhabi Ports announced on Thursday the acquisition of a 19.328% stake in the Saudi Egyptian Investment Company, part of the Public Investment Fund. This move will strengthen the group's regional position and open new opportunities for infrastructure projects.


Abu Dhabi Ports Acquires Stake in Saudi Egyptian Company

Abu Dhabi Ports Group announced on Thursday the acquisition of a 19.328% stake in the Saudi Egyptian Investment Company, one of the companies of the Public Investment Fund. This acquisition marks a significant step in the group's expansion within the region and strengthening its international presence. The Saudi Egyptian Investment Company is known for its major projects and investments across various economic sectors. Experts believe that this partnership will open new opportunities for the development of infrastructure projects in both the UAE and other regional countries.