Tag: Egypt
Djibouti and Egypt Seal Three Deals on Maritime, Logistics, Energy
The two Red Sea nations announced a milestone in bilateral cooperation to strengthen economic and trade ties through accords spanning…
Egypt launches Red Sea Marassi project, LE 900 billion
Egypt announces the Red Sea Marassi initiative with a pledged LE 900 billion outlay. The source text offers no further…
The CMA CGM Group to acquire a 35% stake in October Dry Port
Following French President Emmanuel Macron’s state visit to Egypt, and in the presence of H.E. Kamel El Wazir, Deputy Prime…
The CMA CGM Foundation and the Egyptian Food Bank partner to support communities in need in Egypt
The CMA CGM Foundation and the Egyptian Food Bank have established a long-term partnership, starting with a distribution of 1,000…
Suez Canal Faces $2 Billion Revenue Drop Amid Red Sea Security Crisis
Houthi Attacks Cause Significant Financial Impact on the Suez Canal Authority