Shipping & Logistics News
-
Egypt to establish 15 logistic zones, dry ports to increase trade volume
The plan accommodates 6 million equivalent containers annually, and the 6th of October Dry Port was completed and operated.
-
Stranded ship in Suez Canal refloated within 4 hours
The New Suez Canal allowed the facilitation of navigation after the ship ran aground in the old canal.
-
President El-Sisi Meets Chief Executive Officer of Abu Dhabi Ports
The meeting touched on prospects for joint cooperation with AD Ports Group, especially in the sectors of developing logistical areas and ports.
-
Food Industries map opportunities for Egypt
The development that took place in the infrastructure in Egypt with regard to ports qualified Egypt to have a major role in logistics: Minister.
-
Trial operation of Kafr El Dawar bridge kicks off on Cairo-Alex road
The 625-meter length and 24-meter width bridge contributes to easing traffic jam on the agricultural road.
-
Saudi Arabia’s Bahri inks deal with Egypt’s Suez Canal Authority
Bahri's profits grew by more than five times last year to exceed one billion riyals ($266.5 million).
-
International chamber of shipping and suez canal authority commit to continue open communication
The agreement was initially signed in May 2022 to increase information sharing and negotiations on the movement of global trade through the Canal.
-
Tuk-tuks officially banned in New Cairo
Tuk-tuks are officially banned in New Cairo, following a decision by the head of the New Cairo Authority Abdel Raouf al-Ghaity.
-
Hungary, Egypt sign deal on joint use of Suez canal economic zone
Representatives from 21 Hungarian companies and 65 Egyptian ones participated at the forum.
-
Saudi Company Bahri, Suez Canal intend to establish joint venture
Osama Rabie considered that what the canal is currently witnessing is an unprecedented boom, despite the existing global crisis.
-
ATM Misr, King Long launch bus factory in Egypt at LE1B
The factory spans over 164,000 feddans, its production capacity in the first year is 500, and provides employment for 12,000.
-
Suez Canal revenues rose to $8B: Prime Minister
Osama Rabie considered that what the canal is currently witnessing is an unprecedented boom, despite the existing global crisis.
-
Damietta Port handles 30 container, cargo ships
As many as 30 container ships and cargo vessels were handled at the Damietta Port in the past 24 hours.
-
EBRD launches second phase of Suez Canal digitalisation project
The bank is helping the SCZone to develop an efficient, competitive and eco-friendly business environment that is attractive to international investor
-
Fourth metro line to extend from Rehab City to new Administrative Capital
The Japan International Cooperation Agency approved a loan amounting to US$306 million to finance part of fourth line of the Cairo metro.
-
Transportation ministry to fully operate from New Administrative Capital starting from March
The Minister explained that some employees have been working from the ministry’s new administrative capital headquarter since October 2022.
-
Metro ticket prices to increase by LE 2 for tickets covering 25+ stations
Currently, the metro ticket prices are LE 5 for 9 stations, LE 7 for 16 stations and LE 10 for 17+ stations.
-
Suez Canal revenues hit new records, amounting to LE 18.2 bln
The revenues, according to CAPMAS, exceed the level recorded in the previous month of November, which was 17.3 billion pounds.
-
Suez Canal Economic Zone launches Chinese projects in billions of dollars
These projects would lead to the creation of no less than 5,000 direct and indirect job opportunities for Egyptians.
-
Egyptian customs thwarts more than 21,000 smuggling operations in year
Ghattouri pointed out that the number of customs evasion reports during the past year amounted to 21,647.