DP World dips into Egypt

DP World has paid $670m for a 90% stake in ECHCO, the majority shareholder in Egypts Sokhna Port Development Company. The remaining 10% of the equity is held by Amiral Holdings.

DP World has paid $670m for a 90% stake in ECHCO, the majority shareholder in Egypts Sokhna Port Development Company. The remaining 10% of the equity is held by Amiral Holdings.