Shipping & Logistics News
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Egypt to establish Mediterranean port, industrial zone in Gargoub
The President was briefed on means to achieve optimal utilization of the strategic location and the economic and environmental components of Gargoub.
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SCZone Signs Framework Agreement with SCCT to Attract more Shipping Lines to East Port Said
This comes within the SCZONE’s strategy to attract more investments in the port and enhance trading processes.
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About 59,000 tons of goods handled at Red Sea Ports
Safaga Port received two ships, while three others left the harbor, added the statement.
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Transport Ministry launches metro Iftar campaign
The Iftar campaign distributes boxes of snacks daily, containing a bottle of water, juice and biscuits.
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Suez Canal Revenues Jump 40% to $2.079 Billion in Q1 of 2023
The transit movement in the Suez Canal achieved revenues amounting to $2.079 billion during the first quarter of 2023.
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SCZONE discusses cooperation with American-Hellenic Chamber of Commerce
The meeting also aims to exchange visions on maximizing the benefits from common economic interests and reviewing the potential of SCZONE.
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High-speed train will be ‘land (version of) Suez Canal’
Wazir said that work is underway to turn Egypt into a global trade and logistical center, through the development of ports and means of transportation
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Egypt, Georgia sign MoU on green business, logistics
The signing took place on the sidelines of the Egyptian-Georgian Business Forum's meeting.
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Abu Dhabi's AD Ports Group to invest $200 million in Egypt's Safaga Port
Abu Dhabi's AD Ports Group signed a 30-year concession agreement worth $200 million to develop and operate Egypt's Safaga port.
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Egypt inaugurates industrial mega projects in the Suez Canal Economic Zone
Prime Minister Mostafa Madbouly witnessed the inauguration of a number of private sector industrial mega projects in SCZone.
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Hutchison makes major investments in Egyptian ports
Hutchison Ports, a global port operator, announced a significant investment in Egypt’s major ports, Ain Sokhna Port and Alexandria.
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Egypt signs $1.6 billion deals for Sokhna & Dekheila ports
The consortium includes Hong Kong-based Hutchison Ports, French company CMA CGM, and Chinese state-owned COSCO Shipping.
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Egypt approves increase in EBRD grant for first line of Cairo Metro
The grant aims at improving a number of practices, including a program for asset management, safety and companies' development.
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Alexandria operates 15 environmentally friendly buses
Alexandria is the first city in Egypt to operate environmentally friendly electric buses since 2019.
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Hassan Allam-Agility JV to build modern logistics parks in Egypt
Their first park, Yanmu East Logistics Park, is coming up on a 270,000 sq m site on the new Cairo Suez road, 15 km from Cairo Airport.
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Cairo subway operating hours during Ramadan
The Egyptian Transport Ministry on Saturday announced the operating hours for metro trains at the Cairo Subway during Ramadan and Eid al-Fitr.
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Goods at Egyptian ports valued at $3.9B: Cabinet
The Prime Minister, Mostafa Madbouli, held a meeting to follow up on the status of applying the “ACI” precharge system.
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Egypt plans to connect Sudan with high-speed rail link
A $2.5 million feasibility study for the 80-kilometre line between the southern Egyptian city and Wadi Halfa in northern Sudan.
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Egypt’s SCZONE, Abu Dhabi Ports Group discuss bolstering cooperation
The meeting tackled the SCZONE’s infrastructure, utilities, and investment incentives.
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Suez Canal adds LE 41.29B to Egypt's treasury in 6 months
Egypt's revenues from the tax on the profits of the Suez Canal amounted to about LE 23.97 billion during (July-December 2022).