Shipping & Logistics News
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Egypt, Russia Discuss Establishing Logistics Center for Grains
More than 70% of Egyptian exports to Russia are agricultural products. Egypt is also one of the largest importers of Russian grains.
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Egis wins major contract for Metro Line Transformation in Egypt
The line, named Abou Qir Metro, will stretch approximately 22 kilometres from Abo Qir to Misr Station.
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Egypt's largest container terminal to operate by 2025
Egypt has announced a new large container terminal at Ain Sokhna port on the Red Sea led by China's Hutchison.
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Egypt Issues Circular Concerning Imports of Tuk-tuks, Motorcycles for Commercial Use
The Ministry of Commerce explained earlier that this decision aims to replace tuk-tuks with a safe means of transportation.
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NERIC, Eastern R&E enter new cooperation to boost railway
The main focus of this collaborative effort includes the provision of components for railway vehicles and the manufacturing of freight cars.
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Egyptian Logistics Startups OneOrder Raises USD 16 M Series A
OneOrder is a tech-enabled supplier and wholesale distributor that offers F&B industry a supply of quality goods.
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Egypt’s SCZONE secures $3.23 billion in new contracts over 10-month period
SCZONE chairman revealed that the contracts in the industrial zones and ports reached 144 projects, creating more than 25,000 direct and indirect jobs
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Sisi Directs To Upgrade Maritime Transport Sector :Min
The state also worked on developing quays, the minister said, noting that Egypt will have 100-kilometer quays by 2030.
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Egypt, Greece to launch sea freight between ports of Alexandria, Volos
Egyptian Ambassador to Athens Omar Amer met with Greek Minister of Maritime Affairs Christos Stylianides to discuss cooperation on shipping.
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Egypt's planning minister: Suez Canal revenues down 50%
Suez Canal revenues are down by 50% due to tensions in the Red Sea.
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Suez Canal Adjusts Licensing, Fines, and Service Fees for Boats
Licensing fees and fines for floating vessels were amended, as it was decided to amend the fees for felucca with oars at 80 EGP or $150 for foreigners
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Tanker stranded in Gulf of Aqaba moved to Egyptian port, sources say
A gas tanker that was stranded in the Gulf of Aqaba has been successfully moved away to a port in Egypt's Sinai Peninsula.
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Seven integrated logistics corridors to be established across Egypt
The move comes as part of State's Sustainable Development Plan 2030 to turn Egypt into a regional hub for transport and logistics.
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Alexandria embraces green future with Phase 1 of Metro project
Spanning 21.7 kilometers from Abu Qir Railway Station to Misr Station, the project features 20 stations.
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New York City vs. Cairo—How the Big Apple Could Learn From Cairo's Metro System
New York City's subway system served 3.2 million passengers in 2022, less than Cairo's which served 3.5 million passengers.
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SCZone Records Impressive Growth with 57% Profit Increase
The Suez Canal Economic Zone (SCZone) continues to demonstrate positive growth, solidifying its position as a key competitive contributor to economy.
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Red sea attacks decrease Suez Canal's revenues by 50%
The purpose of this meeting is to review the recent economic developments and enhance Egypt's partnership with the United States.
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Egypt Raises Public Transportation Tariffs after Fuel Hike
Banners and posters containing the new tariff prices had been placed at the entrances to all parking lots clearly in front of citizens.
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Egypt: direct line to China from the seaport in Ain Sukhna at the end of March
For the manager of the shipping company, "the transport line with China aims to increase connections due to the growth of the domestic market".
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Sisi appoints 3 new vice presidents to Suez Canal Economic Zone
Major General Mohamed Ahmed appointed as Vice President of the General Authority of the Suez Canal Economic Zone (SCZone) for the Northern Region.