AD Ports expands in Kuwait and Egypt

• Kuwait Ports Authority agreement
• Development of container terminal
• Increased stake in Egyptian operator

AD Ports has signed a memorandum of understanding (MoU) with the state-backed Kuwait Ports Authority (KPA) to explore the development of container operations at Shuaiba Port, it said in a statement.

AD Ports will work on technical, environmental and financial feasibility studies, as well as on identifying the project’s infrastructure requirements.

KPA will designate the project site at Shuaiba Port and collaborate with…