Egypt’s Ministry of Finance has announced an $80 reduction in fees for automating and verifying commercial documents for incoming air shipments, coinciding with the mandatory implementation of the Advance Cargo Information (ACI) system starting Thursday, January 1st, 2026.

Prime Minister Mostafa Madbouly approved extending the exemption from incentive fees for an additional year until December 2026, for all countries worldwide

Minister of Finance Ahmed Kouchouk revealed that the Advanced Cargo Information (ACI) system will be implemented at airports starting January 1st, 2026

The Alexandria Port Authority and the Alexandria Supply Chain Company have signed a contract to build, develop, and operate a marine and land facilities terminal for liquid and gaseous bulk at Dekheila Port, with an investment of $660 million.

The Egyptian Red Sea Ports Authority reports a 26.19% year-on-year (YoY) increase in cargo handling rates in 2024, reaching 8.136 million tons.

The government is planning to establish a cargo city in Cairo, dubbed Cairo Cargo City, to double the volume of goods transported.

The Natural Gas Vehicles Company (Cargas) has signed a cooperation protocol with InDrive to support the country’s initiative to convert cars to run on natural gas.

The General Authority for Supply Commodities (GASC) has launched a tender for the purchase of about 30,000 to 60,000 tons of wheat at sight, according to the authority announced on its website on January 6th. GASC is seeking cargoes of soft white wheat, red winter wheat, or hard wheat from the US North pacific and Canadian soft wheat cargoes, GASC’s Vice Chairman stated.

The Egyptian markets have witnessed a commodities shortage over the past months due to the accumulation of goods at the ports. However, the government began to take measures to secure foreign currency, in order to gradually release the stuck goods at ports for the importance they set, prioritizing food commodities, food manufacturing components, medicines, and production requirements.

Various goods have been released from ports in Egypt at a total value of $1.5 billion during the period from January 1st to 10th, the Egyptian Cabinet revealed in a statement on January 11th.

The Egyptian government has released goods worth $4.8 billion at ports during the period from January 14th to 17th, Prime Minister Mostafa Madbouly said in a press conference on January 19th.

Alexandria Container and Cargo Handling Company (ALCN) has posted a 150.77% year-on-year (YoY) surge in net profit after tax for the first half (H1) of fiscal year (FY) 2022/2023, according to financial indicators filed to the Egyptian Exchange (EGX) on January 29th.