An Egyptian military agency has taken over the country's import of strategic commodities, a letter seen by Reuters showed, replacing a decades-old state institution to take over international buying tenders and also conduct direct purchases which have in recent weeks shaken the wheat market.As one of the world's largest wheat importers, Egypt had relied on the General Authority for Supply Commodities (GASC)…
AD Ports Group, a global enabler of integrated trade, industry and logistics solutions, launched trial operations at Noatum Ports - Safaga Terminal in Egypt ahead of the terminal’s full operational launch later this year.His Excellency Lieutenant-General Eng…
AD Ports Group, a global enabler of integrated trade, industry and logistics solutions, has finalized a $115 million project finance facility to support the development of the Noatum Ports - Safaga Terminal in Egypt, reinforcing the Group’s…
Egypt's Suez Canal revenues rose 14.2% year-on-year between July and October, the canal authority said on Tuesday, citing calmer conditions in the Red Sea after a ceasefire in Gaza and a pick up in traffic through the vital waterway.Yemen's…