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UAE's Ports Group expands footprint in Sudan

The agreement allows the Abu Dhabi-based logistics giant to operate ports in Sudan and will contribute to the UAE’s growing influence on the African continent.
Two firms from the United Arab Emirates have signed a $6 billion deal with Sudan to construct a new port on the Red Sea coast.

Two Emirati companies signed an agreement with the government of Sudan on Tuesday to operate ports in the East African country. 

Sudan granted AD Ports Group and Invictus Investment the right to develop, manage and operate economic zone and port assets in Sudan. AD Ports Group and Invictus Investment will be able to create joint ventures, partnerships and other business agreements to support their projects in Sudan, AD Ports Group said in a statement. 

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