Tanger-Med

From Chengdu to Casablanca: new rail-sea lines to speed up China-Africa trade

China is using new hybrid logistics links or multimodal rail-sea lines to bypass cargo chokepoints in an effort to speed up trade with Africa, where it is the largest trading partner. New rail-sea hybrid transport options stretching from western China as far as Europe, which are speeding up goods movement to Africa, imply the belt […]

Egypt’s Suez canal generates revenues of $6.24 billion

Egypt gained $6.24 billion in revenues from the Suez canal, that is a 5.14% rise compared to last year. The Egyptian government set the target of doubling that figure to $13 billion by 2023 as it sees growth against the backdrop of improved security conditions and improved trade between Europe and Asia. The canal is […]

Egypt’s cultural tourism to be boosted

A musical and archaeological celebration was held at the house of Lord Howard Carter who is honored for discovering the intact tomb of King Tutankhamun marking the 90th anniversary of the discovery. Present at the ceremony were the Minister of Tourism Hisham Zaazou, Minister of Archaeology Dr Mohamed Ibrahim, Governor of Luxor Dr Ezzat Saad […]