UAE-based Gulftainer has unveiled plans to invest $1 billion in Egypt, targeting container terminal management and port logistics services. The announcement came during the World Maritime Transport Conference in Dubai, where Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel El-Wazir, highlighted Egypt’s position as an ideal hub for major investments due to its strategic location.
Gulftainer, which operates across 10 countries, is considering investment in key Egyptian ports, including East Port Said, Alexandria, and Damietta. The company’s entry is expected to boost Egypt’s logistics sector and expand regional trade flows.
Next steps and investment framework
Both parties agreed that a company delegation will soon visit Egypt to examine opportunities in coordination with the Egyptian Commercial Office in Dubai. Following this, contracts are expected to be signed to manage and operate one of the container terminals and logistics zones. This move aligns with the group’s investment strategy and its ambitions to scale operations in North Africa.
Growing Emirati footprint in Egypt
Abdel Aziz Elsherif, Head of the Egyptian Commercial Service, noted that Emirati investments in Egypt had reached around AED 80 billion ($21.8 billion) by the end of February 2025, spread across 2,139 companies. The planned Gulftainer investment reinforces this growing partnership and highlights the increasing appeal of Egypt’s transport and logistics sector.
