UAE-based Gulftainer has revealed plans to invest $1 billion in Egypt’s logistics sector, targeting strategic container terminal management and port operations. The announcement, made during the World Maritime Transport Conference in Dubai, highlights the growing economic ties between the UAE and Egypt.
Gulftainer, a prominent logistics company operating across 10 countries, is set to make a significant investment in Egypt’s maritime infrastructure. The company is considering investments in key Egyptian ports, including East Port Said, Alexandria, and Damietta, which are expected to boost regional trade flows and enhance logistics capabilities.
At the World Maritime Transport Conference, Egypt’s Deputy Prime Minister Kamel El-Wazir emphasized the country’s strategic location as an ideal hub for major investments. The planned investment demonstrates the strong economic partnership between the UAE and Egypt.
The next steps involve a Gulftainer delegation visiting Egypt to examine specific investment opportunities in coordination with the Egyptian Commercial Office in Dubai. Contracts are anticipated to be signed for managing and operating container terminals and logistics zones.
Abdel Aziz Elsherif, Head of the Egyptian Commercial Service, noted that Emirati investments in Egypt have already reached approximately AED 80 billion ($21.8 billion) by February 2025, spread across 2,139 companies. This new Gulftainer investment further solidifies the growing economic collaboration between the two nations.
The investment is expected to significantly enhance Egypt’s logistics infrastructure, create job opportunities, and improve regional trade connectivity. It represents a strategic move for Gulftainer to expand its operational footprint in North Africa.
