Egypt has lost about $150 million in Suez Canal revenue due to ongoing Red Sea disruptions, according to Bloomberg’s Chief Emerging Markets Economist
23.01.2024
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News by
Ahram Online
The number of ships passing through the Suez Canal decreased by 30 percent compared to the same period last year, owing to tensions at the Red Sea.
18.01.2024
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News by
Egypt Independent
The Arab Bank has signed an EGP 4.2 billion (nearly $136 million) agreement with mega company Orascom Construction to implement the fourth phase.
17.01.2024
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News by
Ahram Online
Bosta's mobile or web application allows users to send and receive packages while communicating and monitoring deliveries in real-time.
16.01.2024
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News by
tech point
The Egyptian government is gearing up for the construction of a logistics zone with an investment of $50 million.
16.01.2024
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News by
Zawya
Its first phase was delivered in October 2023, said the head of CHEC Egypt Duan Kun, adding the construction is now in the second phase.
14.01.2024
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News by
CN english
The meeting tackled establishing a logistic zone in Rwanda to store Egyptian exports.
11.01.2024
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News by
Egypt Today
This came during a discussion between the prime minister Wednesday, via video conference, with officials of shipping Giant “Maersk" group.
11.01.2024
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News by
See news
The high-speed electric train network, which will cover all parts of the country, will serve new and existing urban, touristic and industrial areas.
09.01.2024
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News by
Daily News Egypt
The new company will be poised to enter the transport and logistics industry, offering comprehensive services.
09.01.2024
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News by
Egypt Today
Swvl has reportedly cut nearly one-third of its workforce in 2022, to achieve profitability and lower operating costs.
08.01.2024
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News by
logistics middle east
Egypt’s Suez Canal revenues jumped by around 19.4 percent to $2.4 billion in the third quarter of 2023 (July-September) compared to $2 billion in 2022
08.01.2024
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News by
Ahram Online
The Abu Dhabi Ports Group initialed on Thursday a 15-year concession agreement, worth $3 million, with the Egyptian Red Sea Ports Authority (RSPA).
07.01.2024
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News by
Ahram Online
Egyptian Transport Minister Kamel al-Wazir stressed on Friday that Egypt’s ports are not for sale or acquisition.
07.01.2024
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News by
Egypt Independent
The diversion means avoiding the quickest path between Europe and Asia through Egypt’s Suez Canal, and taking the longer Cape of Good Hope.
07.01.2024
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News by
cnbc
The contract will also commit AD Ports Group to develop yacht and cruise ship tourism in Egypt, the ministry statement said.
05.01.2024
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News by
xm
Inchcape Shipping Services announced a major investment in Leth Suez Transit, a global shipping agency headquartered in Egypt.
04.01.2024
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News by
Seatrade maritime
Deal to strengthen position of Damietta Port as strategic hub in Eastern Mediterranean.
03.01.2024
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News by
The Asset
Egypt's transport ministry raised the price of tickets on the Cairo metro by up to 20% on Monday, officials in metro stations said.
02.01.2024
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News by
Reuters
The Damietta Alliance Container Terminal (DACT) has signed the final financing contract for its state-of-the-art container terminal in Damietta, Egypt
01.01.2024
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News by
freight week