AD Ports Group, the operator of industrial cities and free zones in Abu Dhabi, has awarded a contract to Egypt’s Hassan Allam Construction to build the infrastructure for Noatum Ports-Safaga Terminal on Egypt’s Red Sea coast.
It will be the first internationally operated port terminal in the Upper Egypt region.
The terminal, spanning 810,000 square metres, will have be able to handle 450,000 20-foot equivalent units (TEUs) of container cargo, 5 million tonnes of dry bulk and general cargo, and 1 million tonnes of liquid bulk. It will also feature roll-on, roll-off facilities with a capacity for 50,000 car equivalent units.
The project will include the construction of administration buildings, workshops, warehouses and support infrastructure such as roads, utilities and security systems, AD Ports said in a statement on Wednesday.
Noatum Ports-Safaga Terminal will be a “key addition” to Egypt’s maritime and ports infrastructure on the Red Sea, according to Hassan Allam, chief executive of Hassan Allam Holding.
Capt Mohamed Al Shamsi, managing director and group chief executive of AD Ports Group, said the project will drive economic growth in the region.
The project will feature a 48,000-square-metre concrete apron, an 80,354-square-metre container terminal with supporting infrastructure, and nearly 66,360 square metres for general cargo and break-bulk operations, AD Ports said.
The terminal is part of AD Ports' nearly $349 million investment in Egypt over the past three years, which includes acquisitions of maritime companies and new terminal developments.
Some of these include purchases of maritime companies Transmar, TCI and Safina, the planned construction of a roll-on, roll-off terminal in Ain Sokhna, and long-term concessions to develop and operate cruise terminals in Safaga, Hurghada, Ain Sokhna and Sharm El Sheikh.
The UAE is Egypt’s second-largest trading partner and its biggest international investor, according to the Egyptian Commercial Service, with $9.6 billion invested in the country last year. Trade volume reached Dh25.2 billion ($6.9 billion) in 2023, according to the UAE Ministry of Economy.
In February, the countries signed an agreement that will see the UAE invest $35 billion to develop the Ras El Hekma coastal region, about 350km north-west of Cairo.
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UAE currency: the story behind the money in your pockets
ESSENTIALS
The flights
Etihad (etihad.com) flies from Abu Dhabi to Mykonos, with a flight change to its partner airline Olympic Air in Athens. Return flights cost from Dh4,105 per person, including taxes.
Where to stay
The modern-art-filled Ambassador hotel (myconianambassador.gr) is 15 minutes outside Mykonos Town on a hillside 500 metres from the Platis Gialos Beach, with a bus into town every 30 minutes (a taxi costs €15 [Dh66]). The Nammos and Scorpios beach clubs are a 10- to 20-minute walk (or water-taxi ride) away. All 70 rooms have a large balcony, many with a Jacuzzi, and of the 15 suites, five have a plunge pool. There’s also a private eight-bedroom villa. Double rooms cost from €240 (Dh1,063) including breakfast, out of season, and from €595 (Dh2,636) in July/August.
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Name: Yousef Al Bahar
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Name: Shamsa Hassan Safar
Nationality: Emirati
Education: Degree in emergency medical services at Higher Colleges of Technology
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Favourite way to spend time off: Family visits and spending time with friends
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Emirates Cricket Board Women’s T10
ECB Hawks v ECB Falcons
Monday, April 6, 7.30pm, Sharjah Cricket Stadium
The match will be broadcast live on the My Sports Eye Facebook page
Hawks
Coach: Chaitrali Kalgutkar
Squad: Chaya Mughal (captain), Archara Supriya, Chamani Senevirathne, Chathurika Anand, Geethika Jyothis, Indhuja Nandakumar, Kashish Loungani, Khushi Sharma, Khushi Tanwar, Rinitha Rajith, Siddhi Pagarani, Siya Gokhale, Subha Srinivasan, Suraksha Kotte, Theertha Satish
Falcons
Coach: Najeeb Amar
Squad: Kavisha Kumari (captain), Almaseera Jahangir, Annika Shivpuri, Archisha Mukherjee, Judit Cleetus, Ishani Senavirathne, Lavanya Keny, Mahika Gaur, Malavika Unnithan, Rishitha Rajith, Rithika Rajith, Samaira Dharnidharka, Shashini Kaluarachchi, Udeni Kuruppuarachchi, Vaishnave Mahesh
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Common OCD symptoms and how they manifest
Checking: the obsession or thoughts focus on some harm coming from things not being as they should, which usually centre around the theme of safety. For example, the obsession is “the building will burn down”, therefore the compulsion is checking that the oven is switched off.
Contamination: the obsession is focused on the presence of germs, dirt or harmful bacteria and how this will impact the person and/or their loved ones. For example, the obsession is “the floor is dirty; me and my family will get sick and die”, the compulsion is repetitive cleaning.
Orderliness: the obsession is a fear of sitting with uncomfortable feelings, or to prevent harm coming to oneself or others. Objectively there appears to be no logical link between the obsession and compulsion. For example,” I won’t feel right if the jars aren’t lined up” or “harm will come to my family if I don’t line up all the jars”, so the compulsion is therefore lining up the jars.
Intrusive thoughts: the intrusive thought is usually highly distressing and repetitive. Common examples may include thoughts of perpetrating violence towards others, harming others, or questions over one’s character or deeds, usually in conflict with the person’s true values. An example would be: “I think I might hurt my family”, which in turn leads to the compulsion of avoiding social gatherings.
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Source: Dr Robert Chandler, clinical psychologist at Lighthouse Arabia
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Founder: Omar Onsi
Launched: 2018
Employees: 35
Financing stage: Seed round ($12 million)
Investors: B&Y, Phoenician Funds, M1 Group, Shorooq Partners
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Starring: Parinaz Izadyar, Payman Maadi
Rating: 4/5
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Director: Athale
Rating: 4/5
PROFILE OF CURE.FIT
Started: July 2016
Founders: Mukesh Bansal and Ankit Nagori
Based: Bangalore, India
Sector: Health & wellness
Size: 500 employees
Investment: $250 million
Investors: Accel, Oaktree Capital (US); Chiratae Ventures, Epiq Capital, Innoven Capital, Kalaari Capital, Kotak Mahindra Bank, Piramal Group’s Anand Piramal, Pratithi Investment Trust, Ratan Tata (India); and Unilever Ventures (Unilever’s global venture capital arm)
The specs
Engine: 6.2-litre V8
Transmission: seven-speed auto
Power: 420 bhp
Torque: 624Nm
Price: from Dh293,200
On sale: now
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