Service News
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Inchcape makes major investment in Suez specialist Leth Leth
Inchcape Shipping Services announced a major investment in Leth Suez Transit, a global shipping agency headquartered in Egypt.
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AIIB joins financing for new container terminal in Egypt
Deal to strengthen position of Damietta Port as strategic hub in Eastern Mediterranean.
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Egypt raises price of Cairo metro tickets by up to 20%
Egypt's transport ministry raised the price of tickets on the Cairo metro by up to 20% on Monday, officials in metro stations said.
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DACT signs final financing contract for terminal in Damietta
The Damietta Alliance Container Terminal (DACT) has signed the final financing contract for its state-of-the-art container terminal in Damietta, Egypt
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Egypt to establish 17 technological universities during 2024
Ashour also noted the increase in universities within a short period, with Egypt now having 94 universities instead of 48 back in 2014.
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Here’s a look at the most inspiring Egyptian women of 2023
Egyptian women have made historic and unique global achievements this year, serving as models of inspiration in sports, sports, science, and social.
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Number of ships crossing Suez Canal recorded 10% increase last Oct.
Data indicates that Suez Canal revenues last October increased over the same month of last year 2022, which was about 14.3 billion pounds.
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Shipping companies are returning to the Suez Canal
Maersk cited the deployment of a military force led by the United States as a pivotal factor in their return.
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Swvl Records $2.1 Million Net Profit in 2023
Swvl’s operating cash flows during the first 6 months of this year amounted to about $2.2 million.
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Abu Dhabi Ports Group to operate Egypt's new Safaga terminal
The ministry has invested 3.6 billion Egyptian pounds ($116.7 million) to develop Safaga port, the minister added.
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Egypt to host 4th Pakistan Africa Trade Development Conference in January
Egypt is set to host the fourth edition of the Pakistan Africa Trade Development Conference (PATDC) and Single Country Exhibition (SCE) from 9 to 11/1
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Jordan, Egypt to activate alternative shipping route amid Red Sea navigation halt
Jordan and Egypt have agreed to operate the Arab Bridge Maritime and Land Transport Line between Aqaba and Egyptian ports.
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SCZone receives $1.85 bln investments in six months: Chairman
Egypt’s Suez Canal Economic Zone (SCZone) has received $1.85 billion worth of investments between 1 July and 25 December.
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Egypt’s Decent Life initiative to enter second stage in FY2024/25: Planning Minister
Egypt is poised to begin the second stage of the Decent Life initiative, comprising a series of countryside-focused national infrastructure projects.
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Egypt, Iraq, Jordan working on final plan to start operations on 1st-ever Arab Trade Line
Work is underway to build the Taba–Arish trade/logistics railway corridor, one of seven international developmental logistics corridors in the project
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Suspending ship passage through Suez Canal an “act of blackmail against Egypt”
This action aims to push Egypt to join the coalition formed by the US to confront Yemeni naval strikes on ships heading to Israel.
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All East Nile Monorail Project trains now in Egypt
The ministry announced the arrival of 40 trains consisting of 160 coaches, with each train made up of four cars
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Giant Shipping Operator "Maersk" Prepares to Resume Operations in Red Sea
This comes two days after the Danish company announced its expectations that the chaos affecting shipping through the Red Sea would continue.
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Egypt most represented in Arab classification of Arab universities out of 115 competitors
Ayman Ashour, announced that 28 Egyptian universities have been included in the first edition of the Arab classification of Arab universities.
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12-year-old ‘genius’ admitted to Egyptian university
Yahya Abdel Nasser Muhammad Elnajaar is currently in grade six in the official language school in the Damietta Governorate in the far north-east.