Shipping & Logistics News
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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).
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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.
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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.
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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.
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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.
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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.
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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).
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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.
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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.
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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.
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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.
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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.
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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.