Services at Egypt's Damietta Port have returned to normal after a fire aboard two vessels caused by a drone, Prime Minister Mostafa Madbouly said during the government's weekly meeting on July 30, citing preliminary investigation findings.

Egyptian authorities said preliminary investigations indicate that a drone caused the fire that broke out aboard two ships at Damietta Port on July 29, 2026

The Tahya Misr 1 container terminal at Damietta Port has entered commercial trial operations, marking a new phase in the development of the port and strengthening its role in international trade and global supply chains.

The Minister of Petroleum and Mineral Resources Tarek El-Molla has called for speeding up the construction process of the Suez Methanol Derivatives Company’s (SMD) under-construction factory at Damietta Port.

Damietta Port Authority, Damietta Alliance Container Terminal, and HSBC Egypt have signed a solutions agreement on providing financing for the establishment of the superstructure of Tahya Misr 1 container terminal at Damietta Port.

An international consortium of international institutions is backing the development of a second container terminal in Egypt’s Damietta Port with a financing package worth a total of $455 million to Damietta Alliance Container Terminals.