Browse
related articles
Citadel invests in river ports in Egypt
- Egypt: Monday, March 15 - 2010 at 11:43
Egypt's Citadel Capital has said it has invested EGP1bn ($183m) in three Nile river ports and plans to invest in two more in the country, the daily al-Mal reported. Alwataniya for Rivier Ports Management, a subsidiary of the private equity firm, inaugurated the Tanash river port in northern Cairo. The firm is also eyeing investments in Sudanese river ports, and plans to link its port network to Juba in southern Sudan from Egypt's northern seaport city of Alexandria within the next four or five years. The country's transport minister, Alaa Fahmy said the government will tender several river ports as part of its plan to encourage investment by the private sector.
Related Content
Article Options
StaffMonday, March 15 - 2010 at 11:43 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
