Shipping & Logistics News
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Sisi and CEO of French shipping CMA CGM discuss expansion in Egypt
The Tahya Misr multipurpose maritime terminal is expected to function as the heart of the logistical station established behind the Alexandria port.
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Developing and renovating the Alexandria port cost LE 60B: Kamel El Wazir
The inauguration was attended by Defense Minister Mohamed Zaki, Transport Minister Kamel Wazir along other ministers.
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Egypt’s plans to up its logistical infrastructure and reel in more transit trade
Port Said Port secured the 10th spot out of 348 ports worldwide in the World Bank and S&P Global’s Container Port Performance Index.
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Parliament greenlights 2 grants from EBRD to renovate Cairo Metro
The first grant from EBRD amounts to €1.850 million and will be used to appoint consultants to support the rehabilitation plan of Metro line 2.
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Egyptian Logistics Startup Trella Raises USD 3.5 M Funding
Trella is a real-time B2B technology platform and trucking marketplace that connects shippers and carriers.
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Egypt, ROK sign 460-mln-USD deal on financing Cairo metro project
The deal is for manufacturing 40 trains that include 320 carriages for the second and third lines of the metro in Cairo.
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Environment Minister, SCZONE Chairperson discuss joint cooperation
Fouad said that there are three tracks of joint cooperation with the authority in the future stage.
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Suez Canal Revenues Hit 50.9 Billion in 10 Years
The Suez Canal recorded the highest revenue during 2021/2022, valued at $7 billion; a record high of 18.4%, compared to the previous fiscal year.
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Why did Egypt establish a Suez Canal Holding Company?
Egypt announced earlier this week the establishment of a holding company for the Suez Canal, and we look at why this happened.
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Egypt establishes a new Suez Canal holding company to boost national economy
The Suez Canal, which is run by the SCA, is one of the country's primary sources of foreign currency.
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DHL Express probes further investments in Egypt
It is worth mentioning that the company’s investments in Egypt have reached over EGP 1 billion so far.
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Egypt's SCZONE announces $30 mln new Indian investments
The 55,000-square-meter factory, with a total investment of 30 million dollars, will provide 350 job opportunities.
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How Egypt is drawing Chinese investors with the Suez Canal shortcut to Europe
In recent months, Egypt has secured investment deals with Chinese companies worth more than US$8 billion for its Suez Canal Economic Zone (SCZONE).
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East Port Said ranks 10th in the World Bank’s Container Performance Index
The aim of the CPPI is to pinpoint areas for enhancement that can ultimately benefit all parties involved.
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SCZone Holds Talks with Major Investment Entities in Hong Kong
The conversation included strengthening cooperation between the two sides in logistics services that SCZone seeks to provide in its ports.
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SCZone Receives Russian Delegation to Continue Negotiations on RIZ
The meeting discussed the completion of the steps for the establishment of the Russian Industrial Zone (RIZ) in Sokhna and East Port Said zone.
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10 Things You Need to Know About New Chinese Investments in SCZone
What deals were signed between Egypt and China? The latter is coming up as a grand investor in the SCZone area with multiple projects, here's why.
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Suez Canal Witnesses Transit of Japanese Container Ship “ONE FRIENDSHIP” on Maiden Voyage
The container ship passed through the South convoy on its journey from Saudi Arabia to Egypt, with a tonnage of 155,000 tons.
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Traffic diversions announced in Giza due to monorail project construction work
The Wadi al-Nile monorail station is located on the 26th of July axis, which requires the removal of pedestrian bridges, the governorate confirmed.
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SCZone: World Bank Announces "East Port Said" Among 10 Best Global Ports
The Suez Canal Economic Zone (SCZone) announced that East Port Said ranked tenth in the container performance index for the year 2022.