Egypt has once again rejected a mandatory purchase offer for shares of the Alexandria Container and Cargo Handling Company from Abu Dhabi Ports Group. The rejection comes from both the Holding Company for Maritime and Land Transport and the Ministry of Transport, marking the second time the same offer has been denied in six months. Black Caspian Logistics Holding Limited submitted the purchase offer ten days ago, seeking to increase its stake in the company. The Alexandria Container and Cargo Handling Company confirmed the holding company’s unwillingness to sell its shares in a stock exchange disclosure. This decision signals continued Egyptian control over strategic port assets. The move potentially impacts regional port competition and investment dynamics. Further details regarding the offer’s specifics were not immediately available.