Egypt News

 

Massive Wheat Buyer puts Imports in Miltary Agency Hands

Dec 06, 2024

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 Secures $115m Financing to Advance Safaga Terminal

2 hours ago

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 Rise 14% as Red Sea Tensions Ease

Nov 04, 2025

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…

Logistics News

Maersk, Hapag-Lloyd to Resume Red Sea Transits with Naval Escorts

Maersk, Hapag-Lloyd to Resume Red Sea Transits with Naval Escorts

China Warns Panama of Fees After CK Hutchison Contract Annulled

China Warns Panama of Fees After CK Hutchison Contract Annulled

IUMI, TAPA Warn of Escalating Cargo Theft and Freight Fraud

IUMI, TAPA Warn of Escalating Cargo Theft and Freight Fraud

AD Ports Group Secures $115m Financing to Advance Safaga Terminal

AD Ports Group Secures $115m Financing to Advance Safaga Terminal

Subscribe for Maritime Logistics Professional E‑News

Video shows that IS militants with guns roamed the airport tarmac freely during Niger attack
Analysts say that the decline in copper from its record high is due to a weakening demand and rising stocks.
UK investor signs $400 Million Power Deals on Foreign Minister's Ethiopia Visit