Shipping & Logistics News
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Egypt to handle 27 million containers by 2030: EIFFA
Suez Canal will be completely transformed into a green canal by 2030, in light of the unprecedented support for the sector by the Egyptian government.
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Thales to provide Alexandria metro with modern solutions in Egypt
Under the scope of this new contract, Thales will provide its latest rail and AFC (Automatic Fare Collection) technologies.
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Egypt targets $3.9B foreign investments from SCZONE
This target comes after SCZONE garnered investments worth $1.3 billion in the first four months of the current fiscal year.
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Unlocking economic potential: Transforming Egypt’s ports into global hubs
Egypt is working on developing its seaports, which in turn helps boost its economic growth.
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China’s growing maritime presence in Egypt's ports and the Suez Canal
China's increasing involvement in Egypt's strategic ports is evident through the participation of both private and state-owned Chinese companies.
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94% of Egyptian commuters expect contactless fare payments on public transport
Around 94 percent of Egyptian commuters expect contactless payment options to be available on public transport, according to a survey.
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Egypt approves building new private free zone in Ain Sokhna
Egypt has approved the construction of a new private free zone in Ain Sokhna to produce feldspar and silica-free bio-quartz and lapitec panels.
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Chinese firms aspire to expand business networks at Egypt's transport expo
The fifth Smart Transport, Logistics, Infrastructure, and Traffic Fair and Forum for the Middle East and Africa was held in New Cairo from Nov. 5 to 8
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eGate Egypt gets first licence for freight broker activity using IT
eGate Egypt has obtained the first licence in Egypt to practice the activity of freight broker for land transport of cargo using information tech.
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MoU signed for Egypt to contribute to port development in Mauritania
A cooperation protocol was signed by the Egyptian Company for Maritime Transport (MARTRANS) and Mauritania's United Group for Development, for port development.
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TransIt, Bosch sign MoU on smart container control systems at Egyptian seaports
TransIt, a company owned by the Ministry of Transport, has signed a MoU with Bosch to investigate the integration of smart container control and monitoring systems at Egyptian seaports.
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Greater Cairo's BRT costs LE9.5B, to consist of 100 buses
The BRT vehicles are being manufactured in Egypt by the factories of the Ministry of State for Military Production, Ghabbour, MAN, and Geyushi Motors.
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Abu Dhabi Ports Group to finalize 30-year agreement to run Egyptian Red Sea port
Abu Dhabi Ports Group will sign a final 30-year concession agreement with the Egyptian government to manage and operate the Safaga Port on the Red Sea
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SCZone to Launch Digital Platform for Customs, Logistics Services
El-Din stated that the economic zone aims to develop its ports and benefit from the integration between ports and industrial zones in global markets.
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Egypt’s ECSM opens high-speed rail concrete ties factory
The factory will use locally sourced raw materials to produce the high-speed rail ties and thus conserve Egypt’s foreign exchange reserves.
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Egypt kicks off trial operation of monorail and stations on the third line of the metro
The East Nile Monorail connects Nasr City to the Administrative Capital and exchanges service with the third line of the metro at the Stadium Station.
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Siemens Mobility redefines Egypt's rail landscape with innovative rail solutions at TransMEA 2023
Siemens will soon complete the manufacturing of Egypt's first high-speed Velaro Train (230km/h) in Germany.
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Egypt, China debt swap agreement benefits health and transportation sectors
Egypt’s debt swap agreement with China to bring benefits to health and transportation sectors via new energy projects, technical education improvements and more, says Samir Sabry, Rapporteur of the National Dialogue Investment Committee.
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Egypt takes 28th place in new int'l e-mobility readiness index
Emerging as a strong contender in e-mobility infrastructure development, Egypt takes 28th place in global e-mobility readiness. This demonstrates a significant potential for startups in this industry.
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Suez Canal announces 15% increase in crossing fees by mid-January
The Suez Canal Authority plans to raise transit fees 15% for several shipping categories, effective January 15.