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Iran threatens British shipping after tanker seized

The top court in the British overseas territory also ruled that it can keep the ship for a further 14 days as it interviews the, mostly Indian and Pakistani, crew to determine whether or not it was attempting to flout European Union (EU) sanctions against bringing oil to Syria.

Daily News Egypt

Most important transport projects of 2017

National roads project Shubra-Banha highway: 40 km, costing EGP 3.3bn. The north-eastern part of the regional ring road: 33 km, costing EGP 3,350bn. Farafra-Ain Dallah road: 90 km, costing EGP 412m. Minya-Sheikh Fadl-Ras Ghareb road: 55 km, costing EGP 423m. Bridges  Banha axis within the northern part of the regional ring road at a total …

Daily News Egypt

Amazon sets new holiday shipping record

US online giant Amazon has said it’s shipped a record number of items globally for the Christmas holidays. Sales were boosted especially due to the retailer’s Prime service offering faster delivery options.

Deutsche Welle

Wheat bought by Egypt’s GASC stuck in Russian port: Traders

Reuters – Two wheat cargoes purchased by top global wheat buyer Egypt are stuck at Russia’s Novorossiisk port, after the trade house selling the grain had problems opening the importer’s letters of credit, traders said. Egypt’s state wheat buyer the General Authority for Supply Commodities (GASC) bought the two 60,000-tonne shipments from global commodities trader …

Daily News Egypt

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