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DP World shuts down Egypt port after strikesDubai's port operator DP World shut down its Ain al-Sokhna port in Egypt on Thursday because of labour strikes that have cost it about 30 million Egyptian pounds ($5.02 million)in lost revenue, an official at the Red Sea port authority said. More… |
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Kuwaiti firm to spend $1bn on Egyptian portKuwaiti logistics firm KGL plans to spend $1 billion on Egypt's Domiat Port once work resumes in the halted project, KGL's chairman said in published remarks. 'The company till now spend $260 million on Domiat's project and More… |
