Egypt

Egypt : Webb Fontaine rolls out Integrated Risk Management System

This new development will pave the way for the efficient digitalization of Customs procedures across the country Webb Fontaine, one of the leading providers of AI-powered trade technology and Customs facilitation solutions to governments and trade administrations around the world, has launched the advanced Integrated Risk Management (IRM) service in Egypt in partnership with Misr […]

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President El-Sisi Inspects Construction Work to Develop Roads and Axes in Greater Cairo

On october 14th, President Abdel Fattah El-Sisi inspected construction works to develop a number of roads and axes in Greater Cairo. The President also inspected the construction works of the Hasballah Al-Kafrawi Axis and the surrounding axes The Spokesman for the Presidency said the President’s tour included inspecting the progress of the development of the […]

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Suez Canal: Increase in transit tolls for all types of vessels

The Suez Canal Authority’s Chairman and Managing Director, Admiral Ossama Rabie, announced last Saturday in a press release, an increase in transit tolls for all types of vessels transiting the Suez Canal during the next year 2023. All types of ships transiting the Suez Canal, will see during the year 2023, their transit tolls increase […]

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Press Release : New customers announced by Egyptian digital logistics startup Khazenly

Baraka Group, Arrow Food Trading and Magma Sportswear among the new customers Multiple industry-leading merchants participate in exclusive event at Sultan Hussein Kamel Palace, The Company hopes to grow the number of merchant customers by six times in the next 12 months Cairo, Egypt: Khazenly, the Cairo-based on-demand digital warehousing and fulfillment platform, announcing multiple new […]

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Egypt, Tunisia seek to boost transport cooperation

The transport ministers of Egypt and Tunisia have agreed on boosting cooperation and exchanging expertise to achieve best interests of their countries. Egypt’s Kamel el Wazir, in a meeting with his Tunisian counterpart Rabie al Mejidi via video conference on Tuesday 29/3/2022, discussed proposals to enhance cooperation in the field of maritime transport, whether through […]

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EGYPTIAN LOGISTICS PLATFORM NAQLA RAISES $10.5 MILLION IN PRE-SERIES A

Naqla, Egypt’s trucking technology platform and marketplace connecting truck owners with cargo companies, has raised $10.5 million in a PreSeries A round. The round was led by major investors El Sewedy Capital Holding (SCH), Hassan Allam Holding (HAH), and the Sallam Family. Naqla’s core mission is to modernize and expand Egypt’s supply chain through technology […]

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SCZONE IS IN DISCUSSIONS WITH MAERSK FOR THE GREEN FUEL PRODUCTION

Eng. Yehia Zaki, Chairman of Suez Canal Economic Zone (SCZone), met a delegation from APMoller-Maersk (Maersk) headed by Mr. Morten Christiansen, Vice President, Head of Decarbonization projects, to discuss a bilateral cooperation in Green Fuel industry. The meeting was through a 3 days workshop began between the two sides in Cairo, followed by a visit […]

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IFC INVESTS IN EGYPT’S BRIMORE TO SUPPORT THE GROWTH OF E-COMMERCE, CREATE JOBS AND MARKETS

To support the growth of local manufacturers, create job opportunities, and develop e-commerce in Egypt, IFC today announced an equity investment in Brimore, a leading Egyptian social commerce platform that connects emerging brands with distributors and customers. IFC is co-leading Brimore’s $25 million Series A round with an investment of $5 million in the Cairo-based […]

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