Shipping & Logistics News
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Cairo Metro now offering 50% off discount on all Green Line trips
This partnership aims to enhance the connectivity between transportation modes and provide a smooth transportation experience for passengers.
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Suez Canal to fully operate as major shipping lines resume transits
The Suez Canal is fully prepared to operate at maximum capacity, as global trade gradually return to normal.
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Launch of the integrated “The E-Gate” electronic platform for ship supplies
The platform aims to provide comprehensive ship supply services for vessels transiting the Suez Canal and Egyptian ports.
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Suez Canal Authority partners with Oman Logistics for maritime, logistics cooperation
The agreement identifies key areas of cooperation, including advanced training programs, ship repair, and maintenance.
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Egypt's High Speed Rail Costs Billions, But Could Connect 60 Cities
The Egyptian government is beginning a large-scale project to build a new high-speed rail system to connect over 60 cities across the country.
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Egypt Introduces a New Mechanism to Clear Exporters’ Outstanding Dues
50 percent of the outstanding dues will be disbursed in cash over four fiscal years, starting this year, with annual payments of EGP 8 billion.
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Egypt signs agreement with Swiss MEDLOG for 10th of Ramadan Dry Port project
The plan includes establishing 32 dry ports and logistics zones nationwide and implementing seven integrated logistics corridors.
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Swiss logistics giant MEDLOG to build new state-of-the-art dry port in Egypt
The Ministry of Transport signed a deal with Swiss company MEDLOG for the financing, design, construction, operation, and maintenance of a dry port.
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Damietta Port, China Xinxing Co. discuss ways of coop. in logistics services
The port is ready to provide all forms of support to the China Xinxing Group Co. Ltd., which specializes in the manufacture of pipes, tubes, and steel
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Networking production zones with sea ports to bolster Egypt as int’l trade logistics hub
These ports are envisioned as pivotal, world-class facilities with substantial capacity and diverse logistical zones.
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Egypt completes trial run of new Suez Canal extension
A statement said that during a trial run two ships passed through a new stretch of the canal’s two-way section without incident.
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Suez Canal revenues plummet to $4 bln in 2024 amid Red Sea tensions
Egypt's Suez Canal revenues plummeted to $4 billion in 2024 from $10.2 billion in 2023 due to the ongoing tensions in the Red Sea.
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Port Said harbor ranked 16 among top 20 performing container ports
Egypt’s performance on trade logistics put it at 57th position globally out of 139 countries included in the World Bank’s Logistics Performance Index.
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Regional challenges cost Egypt around $7 bln of Suez Canal revenues
Egypt lost more than 60% of the canal's revenues in 2024 compared with 2023, Sisi added in his statement, without going into details on the events.
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Free Wi-Fi services launched on Cairo’s green line metro stations
The Green Line, managed by the French company RATP Dev Mobility Cairo in collaboration with Orange Egypt, now offers free Wi-Fi at key stations.
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Hassan Allam appointed for major Red Sea terminal project
UAE’s AD Ports Group, a key player in global trade and logistics, announced Wednesday that it has appointed Egypt's Hassan Allam Construction.
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Fitch Solutions revises down Egypt real GDP growth to 3.7% over Suez Canal disruption
Fitch Solutions has downgraded its forecasts for Egypt’s real GDP growth in the current FY2024/2025, which ends by June 2025, from 4.2 percent to 3.7.
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President al-Sisi signs law obliging EDSCO to build logistics station at Alex. Port
EDSCO will be obliged to implement the project in 30 years, starting on the date of land acquisition.
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Egyptian-Italian RORO shipping route to increase Egyptian exports to European markets
The move comes within the framework of directives of President Abdel Fattah El Sisi to transform Egypt into a regional hub for global transport.
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Egypt talks with Iraq on $500 million railway renovation projects
The Iraqi government is expected to make a final decision about the final result of these negotiations by March 2025.