Arab Finance: Transcargo International (TCI), a subsidiary of Abu Dhabi Ports Group, has signed an agreement with Sinai White Portland Cement to build and operate the first bulk cement silo terminal at Arish port in North Sinai to boost exports, as per an emailed press release.

The terminal's total capacity will exceed 200,000 tons annually.

The terminal will include six cement silos with a capacity of 10,000 tons each, four silos to store grey cement and two for white cement.

“This project aligns with our commitment to support Egyptian exports by providing specialized logistics solutions across several industries. Building and operating Egypt’s first bulk cement terminal, we anticipate cost savings for cement producers in Egypt, making prices more competitive globally and increasing global market penetration,” TCI’s CEO Mohamed El Ahwal said.

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