Full financing by Egyptian Banks clears accumulated goods at Egypt's Ports

Sun, 24 Mar 2024 - 11:43 GMT

As of March, the accumulated value of goods at Egyptian ports, including petroleum products, stands at approximately $6 billion, Ghatouri added.

PM tours Tahya Misr multi-purpose terminal in Alexandria Port

Thu, 07 Mar 2024 - 03:36 GMT

Minister of Transportation Kamel Al Wazir highlighted the ongoing project in Alexandria Port, which involves the establishment of a versatile terminal on Berth 100 in Dekheila Port. The objective is to enhance container and cargo handling capacity.

Egypt to realese goods worth $6B from ports

Thu, 07 Mar 2024 - 01:22 GMT

Ghatouri also stressed that the rates of customs release and production requirements will continue to rise in the coming days, in coordination with the banking sector.

Goods worth over $12B released from Egyptian ports since January

Thu, 07 Mar 2024 - 01:10 GMT

He added that the past few days witnessed a significant growth in the rate of customs clearance for goods according to the strategic priorities set by the state.

Madbouly, Transportation Minister review progress on port projects to boost transit trade

Wed, 16 Aug 2023 - 12:53 GMT

The PM emphasized the importance of maximizing transit trade in Egypt, capitalizing on the nation's current ports and strategic positioning

SCZone reveals significant growth in vessels and goods passing through southern ports

Sun, 16 Jul 2023 - 01:16 GMT

Egypt’s Ain Sokhna and Al Adabiya ports recorded significant activity during the final quarter of FY2022/2023, revealed new data by the Suez Canal Economic Zone (SCZone)

Sokhna, Dekheila ports to generate $5 in revenues

Thu, 16 Mar 2023 - 08:40 GMT

Direct foreign investments in the project to develop the ports of Sokhna and Dekheila are estimated at $1.6 billion, while direct revenues are expected at $5 billion, according to Minister of Transport Kamel Al-Wazir.

Goods at Egyptian ports valued at $3.9B: Cabinet

Sun, 12 Mar 2023 - 05:39 GMT

Saad noted that those goods are waiting for customs releases to go out to the market.

Egypt to establish 15 logistic zones, dry ports to increase trade volume

Tue, 07 Mar 2023 - 12:58 GMT

A network of dry ports and logistic zones are being established, amounting to 15 dry ports and a logistic zone linked to the sea ports, besides multiple means of transport to increase circulation in the ports and increase the volume commerce.

Egypt announces release of goods from ports worth $794.7M

Sun, 29 Jan 2023 - 06:19 GMT

Prime Minister Mustafa Madbouli held a meeting Sunday to discuss procedures to facilitate the release of goods at ports, especially after ending the accumulation of goods, according to a statement.

Egypt announces release of goods worth $1.5B within Jan. 18-23

Tue, 24 Jan 2023 - 04:17 GMT

The Spokesman stated that the meeting witnessed a discussion of some proposals and mechanisms that would speed up the completion of procedures and the exit of containers at the ports.

Ports’ stuck goods problem to end within days: Cabinet spokesperson

Wed, 18 Jan 2023 - 10:46 GMT

Egypt’s cabinet spokesperson Nader Saad said in statements Wednesday that ports currently have a total worth of $2.3 billion goods.

Release of production requirements in Egyptian ports at end of week: Importers Division

Wed, 28 Dec 2022 - 03:28 GMT

The release of all production requirements is expected to be completed at the end of this week, provided that the release of all goods and merchandise stored in ports will be completed by the beginning of the new year.

Egypt signs two MoU with Abu Dhabi Ports to operate multi-purpose terminals in ports

Sun, 20 Mar 2022 - 03:01 GMT

The first MoU was signed by Abdel Qader Darwish, Chairman of the Egyptian Group for Multi-Purpose Terminals, and Saif Al Mazrouei, Head of the Transport Sector at Abu Dhabi Ports Group.

459 trucks, 418 tons of goods handled at Red Sea ports

Fri, 07 Jan 2022 - 10:31 GMT

The RSPA said in a statement Friday that the volume of exports reached 371 tons of goods, 202 trucks and eight cars.

26 ships handled at Damietta Port

Fri, 02 Jul 2021 - 11:38 GMT

The total trade volume of imported goods was 26,528 tons.

Alexandria, Dekheila ports re-open after weather improves

Thu, 25 Mar 2021 - 12:09 GMT

The two ports were closed on Wednesday due to bad weather conditions prompted by strong winds and high waves, said Ahmed Breqaa, the authority spokesman.

Egypt to complete linking all sea, air, land ports electronically by end of June

Wed, 13 Jan 2021 - 04:25 GMT

The linkage will simplify procedures, facilitate internal and external trade movement, and improve Egypt's ranking in three important international indicators: “global competitiveness, doing business, and the macroeconomic environment”

Finance min. directs taking swift action to sell abandoned goods at ports

Thu, 02 Jan 2020 - 12:53 GMT

If the owners failed to re-export these items, they will have to bear the disposal costs, the minister added.

Sisi to attend forum on ‘Belt and Road Initiative’ in Beijing

Wed, 24 Apr 2019 - 09:53 GMT

President Abdel Fatah al-Sisi headed on Wednesday to Beijing to attend the Belt and Road Forum for International Cooperation (BRFIC).