AD Ports Group (ADX:ADPORTS) has signed a definitive concession agreement with the Red Sea Ports Authority (RSPA) to develop, operate and manage three cruise terminals at Safaga, Hurghada, and Sharm El Sheikh ports.
AD Ports Group’s total investment of US$4.7 million over the next 15 years will cover management and operations of the three cruise terminals, expected to be operational in 2025, to provide new services, improve access for cruise operators and add new itineraries…
