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La Voie Express Group Opens Tanger Med Logistics Platform to Strengthen End-to-End Offer

La Voie Express Group, the logistics subsidiary of H&S Invest Holding and one of Morocco’s leading integrated logistics operators, has announced the development of a 10,000-square-metre logistics platform within Medhub, the port logistics zone of the Tanger Med complex. The project, developed in partnership with Medhub’s operator, is scheduled for commissioning in the third quarter […]

Maritime Transport: Danish giant maersk abandons Algeciras stop, opts for Tanger Med Port

The Danish maritime transport giant has announced a significant route modification for its India-United States service, a change aimed at enhancing service quality by reducing transit times. In a strategic move to improve its India-North America service, Maersk’s MECL service will add a stop at Mundra, India, while simultaneously discontinuing its westbound call at the […]

Egypt postpones IPO for state-run Banque du Caire over covid-19

Egypt has postponed sine die the Initial Public Offering (IPO) to sell minority shares state-run Banque du Caire (BQDC.CA) due to spread of covid-19 contamination, reports say. The operation slated for mid-April on the Egyptian Stock Exchange aimed at selling the shares for about $500 million. The Bank Chairman Tarek Fayed, Reuters notes, told a […]