Gov’t to establish national shipping and maritime transport company

Prime Minister Moustafa Madbouly has commissioned his government to draft a plan to set up a national company for shipping and maritime transport, according to a cabinet statement. The move aims to link Cairo with its African neighbors and facilitate Egyptian exports on the continent. The decision was announced following a meeting between Transport Minister Kamel El Wazir, Suez Canal Authority boss Mohab Mamish and other relevant officials.