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Egytrans

Full company profile

uuid003gvld

Namestring
Egytrans
Legal namestring
Egytrans
Company typeenum
Private
Founded yearint
1973
Descriptiontext

Egytrans is an Egyptian integrated transport and logistics company founded in 1973, publicly listed on the Egyptian Exchange (EGX: ETRS), and headquartered in Cairo with a stated operational footprint spanning 5 continents, 4 regions, and 400+ destinations. The company delivers multi-modal freight across sea, land, and air, complemented by a broad suite of value-added services including consolidation, warehousing, packing, customs clearance, chartering, insurance, project logistics, supply chain management, and EGYPROJECT bonded storage. It operates through three core subsidiaries — ETA Egypt, Egytrans Depot Solutions, and the recently acquired Nosco (National Organization for Shipping Agencies & Marine Services) — and employs 312 staff.

The company's principal technology assets centre on a Smart Truck Management System developed jointly with Nafith International and deployed at Sokhna Port under a 25-year usufruct license from the General Authority of the Suez Canal Economic Zone. The EGP 1 billion project covers 167,000 square metres and is designed to regulate the movement of 800–1,100 trucks daily, with a projected 50–60% increase in operational capacity within two years. Its engineering teams provide specialized project logistics capabilities including route planning, bridge reinforcement, and the handling of oversized cargo such as 57m wind blades, 100+ tonne turbine parts, and 153-tonne transformers transported across 1,100 km with Nile river crossings.

Revenue is generated through enterprise field sales targeting large industrial clients in power and renewable energy, oil & gas, petrochemicals, pharmaceuticals, electronics, and automotive sectors. Named customers include El Sewedy Electric, Siemens Gamesa, and Cairo West and Assiut Power Stations. Pricing is project-specific and quote-based, consistent with the custom nature of multi-modal logistics engagements. A second revenue stream is created by the Sokhna Port 25-year concession, which converts the truck management system into a long-duration managed services and infrastructure concession business. The company is also positioned to benefit from Egypt's reactivation of the UN-backed TIR transit system, which enables sealed bonded cargo movements across borders.

Short descriptiontext

Egytrans is an Egyptian integrated transport and logistics company offering multi-modal sea, land, and air freight, project logistics, and port infrastructure services to enterprise clients across power, oil & gas, pharma, electronics, and automotive sectors across 400+ global destinations.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersCairo, Egypt
HQ citystring
Cairo
HQ countrystring
Egypt
HQ regionstring
Africa
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
freight forwarding services, project cargo logistics, multi-modal transport, port management systems, customs clearance services
Industry2 codes
1Intermodal Drayage & Cartage (First/Last Mile)
CodeTLADAFACPrimaryYes
2Proof of Delivery (ePOD) & Returns Pickup Orchestration
CodeTLAEAGAGPrimaryNo
NAICS code2 codes
  • Freight Transportation Arrangement488510
  • Freight Transportation Arrangement4885
SIC code1 code
  • Arrangement Of Transportation Of Freight & Cargo4731
Product category
Logistics Services
Social media profiles3 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Freight and Logistics Services
TypeProfessional Services
Description

Multi-modal logistics services including sea freight, land freight, and air freight. Additional services include consolidation, warehousing, packing, customs clearance, chartering, insurance, logistics, project logistics, exhibitions, supply chain management, and bonded storage.

egytrans.com
2Port Infrastructure Concession
TypeManaged Services
Description

25-year usufruct license for smart truck management system at Sokhna Port, part of the Suez Canal Economic Zone. The EGP 1 billion investment project regulates truck traffic and generates operational fees.

dailynewsegypt.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 3 records shown
1ETAL Egypt
Description

Integrated transport solutions subsidiary with dedicated website at etategypt.com

egytrans.com
+2 more records
Core offering1 text field

Egytrans is an Egyptian integrated transport and logistics company providing multi-modal freight services across sea, land, and air. It supports enterprise clients with project logistics for heavy and oversized cargo, plus value-added services including consolidation, warehousing, packing, customs clearance, chartering, cargo insurance, supply chain management, exhibitions logistics, and bonded storage. The company also operates a Smart Truck Management System at Sokhna Port under a 25-year concession.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • 50-60% increase in daily operational capacity within two years at Sokhna Port
+4 more records
Product overview1 text field

Egytrans is an integrated transport and logistics company offering multi-modal freight services under a unified platform-plus-modules architecture. The core offerings consist of three primary transport modes — Sea Freight, Land Freight, and Air Freight — supported by a suite of value-added services including Consolidation, Warehousing, Packing, Customs Clearance, Chartering, Insurance, Logistics, Project Logistics, Exhibitions, Supply Chain Management, and EGYPROJECT Bonded Storage. The company also operates the Smart Truck Management System at Sokhna Port, a digital product developed jointly with Nafith International under a 25-year concession, which digitizes port truck operations as part of Egypt's smart ports strategy. The portfolio serves diverse industry verticals including power and renewable energy, oil and gas and petrochemicals, pharmaceuticals, electronics and appliances, and automotive sectors, operating across 5 continents, 4 regions, and 400 destinations.

Product and service5 records
1Sea Freight Services
CategoryFreight Services
Description

Sea freight services with large capacity designed to withstand maritime transport challenges; offered to enterprise clients moving industrial and commercial cargo.

2Land Freight Services
CategoryFreight Services
Description

Door-to-door land shipment delivery services of all sizes, handled by a team of logistics professionals for enterprise customers across domestic and regional corridors.

3Air Freight Services
CategoryFreight Services
Description

Tailor-made air freight solutions for the quick and safe delivery of shipments for enterprise clients with time-sensitive cargo.

4Project Logistics
CategoryProject Logistics
Description

Specialized transport of heavy, oversized, and abnormal cargo including transformers, wind turbines, and power station equipment, with route planning, infrastructure rehabilitation, and bridge reinforcement for industrial project clients.

5Smart Truck Management System (Sokhna Port)
CategoryDigital Port Operations
Description

Digital truck management system at Sokhna Port that digitizes and regulates port truck traffic, projected to increase daily operational capacity by 50-60% within two years; operated under a 25-year concession.

Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
1Nafith International
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-25
Description

Egytrans NOSCO and Nafith International formed a consortium to invest EGP 1 billion in developing and managing a digital smart truck management system at Sokhna Port under a 25-year usufruct license. The partnership covers 167,000 square metres and regulates movement of 800-1,100 trucks daily, aligned with Egypt's objective to establish Suez Canal Economic Zone ports as smart ports and regional logistics hub.

dailynewsegypt.com
Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
1Agility
TypeBroad incumbent
Description

Kuwait-headquartered global integrated logistics platform with strong MENA presence, offering freight forwarding, contract logistics, and customs services — directly comparable in multi-modal scope and regional enterprise focus to Egytrans.

2Aramex
TypeDirect peer
Description

UAE-listed MENA-focused logistics provider offering freight forwarding, courier, and supply-chain solutions with extensive Egypt operations; comparable in vertical mix and enterprise customer base.

3DHL Global Forwarding
TypeBroad incumbent
Description

Global freight forwarding division of DHL Group with multi-modal air, ocean, and road services plus project logistics — a key competitor for cross-border and oversized cargo tenders that Egytrans pursues.

4Kuehne+Nagel
TypeBroad incumbent
Description

One of the world's largest freight forwarders with strong project logistics and over-dimensional cargo capabilities, directly comparable to Egytrans' heavy-lift and multi-modal offerings.

5DSV
TypeBroad incumbent
Description

Global transport and logistics company with significant air, sea, and road forwarding plus project logistics — competes for international tenders that Egyptian exporters and EPCs issue.

6Expeditors International
TypeBroad incumbent
Description

US-listed global freight forwarder with air and ocean services plus project cargo capabilities; comparable in multi-modal freight forwarding for enterprise customers.

7CEVA Logistics
TypeBroad incumbent
Description

Global third-party logistics provider with freight forwarding, contract logistics, and finished vehicle logistics — overlaps with Egytrans' automotive and industrial vertical coverage.

8Hellmann Worldwide Logistics
TypeBroad incumbent
Description

German-headquartered global logistics provider with air, sea, road, and contract logistics — directly comparable for international freight forwarding and customs clearance services.

9Yusen Logistics
TypeBroad incumbent
Description

Japan-based global logistics provider with air/sea forwarding, contract logistics, and automotive-focused supply chains — comparable multi-modal platform serving enterprise verticals.

10Sinotrans
TypeRegional player
Description

China-headquartered freight forwarder and logistics platform serving Belt-and-Road corridors; relevant peer given Egytrans' positioning along the Suez Canal Economic Zone as a regional logistics hub for Asia-Africa-Europe flows.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Subsidiaries3 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Egytrans

Logistics Servicesegytrans.com

Egytrans is an Egyptian integrated transport and logistics company offering multi-modal sea, land, and air freight, project logistics, and port infrastructure services to enterprise clients across power, oil & gas, pharma, electronics, and automotive sectors across 400+ global destinations.

What Egytrans does

Egytrans is an Egyptian integrated transport and logistics company founded in 1973, publicly listed on the Egyptian Exchange (EGX: ETRS), and headquartered in Cairo with a stated operational footprint spanning 5 continents, 4 regions, and 400+ destinations. The company delivers multi-modal freight across sea, land, and air, complemented by a broad suite of value-added services including consolidation, warehousing, packing, customs clearance, chartering, insurance, project logistics, supply chain management, and EGYPROJECT bonded storage. It operates through three core subsidiaries — ETA Egypt, Egytrans Depot Solutions, and the recently acquired Nosco (National Organization for Shipping Agencies & Marine Services) — and employs 312 staff.

The company's principal technology assets centre on a Smart Truck Management System developed jointly with Nafith International and deployed at Sokhna Port under a 25-year usufruct license from the General Authority of the Suez Canal Economic Zone. The EGP 1 billion project covers 167,000 square metres and is designed to regulate the movement of 800–1,100 trucks daily, with a projected 50–60% increase in operational capacity within two years. Its engineering teams provide specialized project logistics capabilities including route planning, bridge reinforcement, and the handling of oversized cargo such as 57m wind blades, 100+ tonne turbine parts, and 153-tonne transformers transported across 1,100 km with Nile river crossings.

Revenue is generated through enterprise field sales targeting large industrial clients in power and renewable energy, oil & gas, petrochemicals, pharmaceuticals, electronics, and automotive sectors. Named customers include El Sewedy Electric, Siemens Gamesa, and Cairo West and Assiut Power Stations. Pricing is project-specific and quote-based, consistent with the custom nature of multi-modal logistics engagements. A second revenue stream is created by the Sokhna Port 25-year concession, which converts the truck management system into a long-duration managed services and infrastructure concession business. The company is also positioned to benefit from Egypt's reactivation of the UN-backed TIR transit system, which enables sealed bonded cargo movements across borders.

Egytrans firmographics

Firmographics
Name
Egytrans
Legal name
Egytrans
Website
http://www.egytrans.com
Company type
Private
Founded year
1973
Operating status
Operating
Headcount range
251–500 employees
Short description
Egytrans is an Egyptian integrated transport and logistics company offering multi-modal sea, land, and air freight, project logistics, and port infrastructure services to enterprise clients across power, oil & gas, pharma, electronics, and automotive sectors across 400+ global destinations.
Ownership category
akta.pro rank

Egytrans industry classification

Industry
Product category
Logistics Services
NAICS
Freight Transportation Arrangement (488510), Freight Transportation Arrangement (4885)
SIC
Arrangement Of Transportation Of Freight & Cargo (4731)
akta.pro primary industry
Intermodal Drayage & Cartage (First/Last Mile) (TLADAFAC)
akta.pro secondary industry
Proof of Delivery (ePOD) & Returns Pickup Orchestration (TLAEAGAG)

Keywords

  • Freight forwarding services
  • Project cargo logistics
  • Multi-modal transport
  • Port management systems
  • Customs clearance services

Where Egytrans is headquartered

Location

Headquarters

HQ city
Cairo
HQ country
Egypt
HQ region
Africa

Offices1 record

Markets served

Egytrans business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

  1. Freight and Logistics Services: Multi-modal logistics services including sea freight, land freight, and air freight. Additional services include consolidation, warehousing, packing, customs clearance, chartering, insurance, logistics, project logistics, exhibitions, supply chain management, and bonded storage.
  2. Port Infrastructure Concession: 25-year usufruct license for smart truck management system at Sokhna Port, part of the Suez Canal Economic Zone. The EGP 1 billion investment project regulates truck traffic and generates operational fees.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Egytrans product offering

Product offering

Core offering

Egytrans is an Egyptian integrated transport and logistics company providing multi-modal freight services across sea, land, and air. It supports enterprise clients with project logistics for heavy and oversized cargo, plus value-added services including consolidation, warehousing, packing, customs clearance, chartering, cargo insurance, supply chain management, exhibitions logistics, and bonded storage. The company also operates a Smart Truck Management System at Sokhna Port under a 25-year concession.

Product overview

Egytrans is an integrated transport and logistics company offering multi-modal freight services under a unified platform-plus-modules architecture. The core offerings consist of three primary transport modes — Sea Freight, Land Freight, and Air Freight — supported by a suite of value-added services including Consolidation, Warehousing, Packing, Customs Clearance, Chartering, Insurance, Logistics, Project Logistics, Exhibitions, Supply Chain Management, and EGYPROJECT Bonded Storage. The company also operates the Smart Truck Management System at Sokhna Port, a digital product developed jointly with Nafith International under a 25-year concession, which digitizes port truck operations as part of Egypt's smart ports strategy. The portfolio serves diverse industry verticals including power and renewable energy, oil and gas and petrochemicals, pharmaceuticals, electronics and appliances, and automotive sectors, operating across 5 continents, 4 regions, and 400 destinations.

Differentiator

Problem solved

Functional benefit

Brands

  • ETAL Egypt: Integrated transport solutions subsidiary with dedicated website at etategypt.com
  • Egytrans Depot Solutions
  • Egytrans Investor Relations

Products and services

  • Sea Freight Services Sea freight services with large capacity designed to withstand maritime transport challenges; offered to enterprise clients moving industrial and commercial cargo.
  • Land Freight Services Door-to-door land shipment delivery services of all sizes, handled by a team of logistics professionals for enterprise customers across domestic and regional corridors.
  • Air Freight Services Tailor-made air freight solutions for the quick and safe delivery of shipments for enterprise clients with time-sensitive cargo.
  • Project Logistics Specialized transport of heavy, oversized, and abnormal cargo including transformers, wind turbines, and power station equipment, with route planning, infrastructure rehabilitation, and bridge reinforcement for industrial project clients.
  • Smart Truck Management System (Sokhna Port) Digital truck management system at Sokhna Port that digitizes and regulates port truck traffic, projected to increase daily operational capacity by 50-60% within two years; operated under a 25-year concession.

Quantifiable outcome

  • 50-60% increase in daily operational capacity within two years at Sokhna Port
  • +4 more outcomes

Companies that use Egytrans

Customer profile

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Egytrans technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

Egytrans partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Nafith InternationalcoreStrategic or Co-development Partner · 25 February 2026Egytrans NOSCO and Nafith International formed a consortium to invest EGP 1 billion in developing and managing a digital smart truck management system at Sokhna Port under a 25-year usufruct license. The partnership covers 167,000 square metres and regulates movement of 800-1,100 trucks daily, aligned with Egypt's objective to establish Suez Canal Economic Zone ports as smart ports and regional logistics hub.

Scale indicators9 records

Recent moves5 records

Expansion highlights6 records

Egytrans competitors and assessment

Company assessment

Broad incumbents

  • Agility: Kuwait-headquartered global integrated logistics platform with strong MENA presence, offering freight forwarding, contract logistics, and customs services — directly comparable in multi-modal scope and regional enterprise focus to Egytrans.
  • DHL Global Forwarding: Global freight forwarding division of DHL Group with multi-modal air, ocean, and road services plus project logistics — a key competitor for cross-border and oversized cargo tenders that Egytrans pursues.
  • Kuehne+Nagel: One of the world's largest freight forwarders with strong project logistics and over-dimensional cargo capabilities, directly comparable to Egytrans' heavy-lift and multi-modal offerings.
  • DSV: Global transport and logistics company with significant air, sea, and road forwarding plus project logistics — competes for international tenders that Egyptian exporters and EPCs issue.
  • Expeditors International: US-listed global freight forwarder with air and ocean services plus project cargo capabilities; comparable in multi-modal freight forwarding for enterprise customers.
  • CEVA Logistics: Global third-party logistics provider with freight forwarding, contract logistics, and finished vehicle logistics — overlaps with Egytrans' automotive and industrial vertical coverage.
  • Hellmann Worldwide Logistics: German-headquartered global logistics provider with air, sea, road, and contract logistics — directly comparable for international freight forwarding and customs clearance services.
  • Yusen Logistics: Japan-based global logistics provider with air/sea forwarding, contract logistics, and automotive-focused supply chains — comparable multi-modal platform serving enterprise verticals.

Direct peers

  • Aramex: UAE-listed MENA-focused logistics provider offering freight forwarding, courier, and supply-chain solutions with extensive Egypt operations; comparable in vertical mix and enterprise customer base.

Regional players

  • Sinotrans: China-headquartered freight forwarder and logistics platform serving Belt-and-Road corridors; relevant peer given Egytrans' positioning along the Suez Canal Economic Zone as a regional logistics hub for Asia-Africa-Europe flows.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Egytrans social profiles

Digital presence

Egytrans financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Egytrans leadership team

Management profile

Number of profiles

Egytrans subsidiaries and ownership

Company hierarchy

Subsidiaries3 records

Egytrans funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Egytrans M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Egytrans

What does Egytrans do?

Egytrans is an Egyptian integrated transport and logistics company providing multi-modal freight services across sea, land, and air. It supports enterprise clients with project logistics for heavy and oversized cargo, plus value-added services including consolidation, warehousing, packing, customs clearance, chartering, cargo insurance, supply chain management, exhibitions logistics, and bonded storage. The company also operates a Smart Truck Management System at Sokhna Port under a 25-year concession.

Is Egytrans a public or private company?

Egytrans is a private company. It is classified as public and is currently operating.

When was Egytrans founded?

Egytrans was founded in 1973. It employs 251 to 500 people.

Where is Egytrans based?

Egytrans is headquartered in Cairo, Egypt, in the Africa region.

How does Egytrans make money?

Two revenue lines are on record. Freight and Logistics Services are the primary driver. The others are port Infrastructure Concession.

Who are Egytrans's main competitors?

Broad incumbents on record are Agility, DHL Global Forwarding, Kuehne+Nagel, DSV, Expeditors International, CEVA Logistics, Hellmann Worldwide Logistics and Yusen Logistics. Aramex is listed as a direct peer. Sinotrans is listed as a regional player.

Does Egytrans have an API?

No public API is recorded for Egytrans.

What industry is Egytrans in?

Egytrans's product category is Logistics Services. Its primary akta.pro industry code is TLADAFAC, Intermodal Drayage & Cartage (First/Last Mile), with a secondary code of TLAEAGAG, Proof of Delivery (ePOD) & Returns Pickup Orchestration. Its NAICS code is 488510 and its SIC code is 4731.

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Live signals
AD HOC NEWSETRS stock lacks verified quote data in latest searchNo verified same-day quote or fresh fundamentals for ETRS (EGS42051C010) were found in the latest search on August 31, 2026. The company is linked to Egyptian Transport and Commercial Services, but trading data and financial metrics are absent. Investors must rely on broker or exchange channels for current information.EnterpriseamTODAY: UN-backed TIR now has a guarantor in EgyptThe UN-backed TIR transit system in Egypt now has a guarantor, enabling sealed cargo to cross in a single bonded run. Fujairah is in talks with Egypt's General Petroleum Corporation to lease Red Sea storage, and Egypt and Jordan will share an FSRU at Aqaba. Egytrans Nosco is still reviewing AGL's buyout offer.ZawyaAfrica Global Logistics plans MTO for Egytrans NOSCOAfrica Global Logistics notified Egytrans NOSCO of a mandatory tender offer to acquire up to 100% of its shares, with a minimum threshold of 75%. The indicative offer price ranges from EGP 11.25 to EGP 12.25 per share, subject to due diligence. The company, established in 1973, provides transport and logistics services in Egypt.DailynewsegyptEgytrans-Nafith consortium to build EGP 1bn truck management system at Sokhna PortA consortium comprising Egytrans NOSCO and Nafith International will invest over EGP 1 billion to develop and manage a digital truck management system at Sokhna Port, Egypt, under a 25-year usufruct license. The project will cover 167,000 square metres and is designed to regulate the movement of 800 to 1,100 trucks daily to reduce congestion, waiting times, and transport costs. The initiative aligns with Egypt's objective to establish the Suez Canal Economic Zone ports as "smart ports" and serve as a regional and global logistics hub.DailynewsegyptEgytrans NOSCO, Nafith secure 25-year concession for smart truck management system at Sokhna PortEgytrans NOSCO and Nafith International have secured a 25-year usufruct concession from the General Authority of the Suez Canal Economic Zone to develop and operate a smart truck management system at Sokhna Port, Egypt. The project, spanning 167,000 square metres, aims to regulate truck traffic through digital solutions and is projected to increase daily operational capacity by 50–60% within two years, handling 800–1,100 trucks per day. The initiative forms part of Egypt's broader strategy to modernise port infrastructure and position Sokhna as a competitive global logistics hub along the Red Sea corridor.Business TodayTransport & logistics sector fuels Egypt’s economic growthEgyptian Minister Rania Al-Mashat highlighted at the Egyptian Stock Exchange that the transport and logistics sector has become a primary driver of economic growth over the past four to five years, supporting GDP growth through state infrastructure expansion. She cited the completion of Egytrans' acquisition of Nosco as a practical example of structural reforms, enabled by the National Investment Bank's exit from Egytrans' ownership structure. The Minister emphasized Egypt's economic diversification across industry, tourism, and IT sectors, positioning the private sector expansion as creating a more resilient economic model.