{"id":584266,"date":"2023-03-28T00:00:00","date_gmt":"2023-03-28T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/this-evening-the-fra-is-reviewing-fair-value-assessments-for-damietta-port-said-ports\/"},"modified":"2023-03-28T00:00:00","modified_gmt":"2023-03-28T00:00:00","slug":"this-evening-the-fra-is-reviewing-fair-value-assessments-for-damietta-port-said-ports","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/this-evening-the-fra-is-reviewing-fair-value-assessments-for-damietta-port-said-ports\/","title":{"rendered":"THIS EVENING: The FRA is reviewing fair value assessments for Damietta + Port Said ports"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Happy hump day, friends.<\/span><span style=\"font-weight:400;\"> We were relishing in a Ramadan news slowdown, but that appears to have given way to a rather brisk day here in Omm El Donia. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">THE BIG STORY TODAY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span> <\/span><span style=\"font-weight:700\">Fair value studies completed for Damietta, Port Said ports: <\/span><span style=\"\">The Financial <\/span><span>Regulatory Authority (FRA) is reviewing fair value studies of the state-owned Damietta and Port Said terminal operators ahead of stake sales in the two firms, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.alborsaanews.com\/2023\/03\/28\/1649706\" style=\"\">Al Borsa<\/a><\/span><span style=\"font-weight:400;\"> reports citing unnamed sources it says have knowledge of the matter. Finance and Banking Consultants International (FinBi) wrapped up the studies last week, according to the local news outlet. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">THE BIG STORY ABROAD<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">It\u2019s a rather mixed bag in the international business press this afternoon<\/span><span style=\"\">, as no single<\/span><span> story leads the conversation. Among the stories to take note of: Alibaba is planning to restructure its business by splitting up into six separate units, and is looking at potential IPOs for each unit (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ft.com\/content\/41defa45-5ca5-479d-aef7-9edfbb21b73c\" style=\"\">Financial Times<\/a><\/span><span> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cnbc.com\/2023\/03\/28\/alibaba-says-it-will-split-into-6-units-that-can-raise-funds-and-ipo.html\" style=\"\">CNBC<\/a><\/span><span>). <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">** CATCH UP QUICK<\/span><span style=\"\"> on the top stories from today\u2019s <\/span><span style=\"font-weight:700\">EnterpriseAM<\/span><span style=\"font-weight:400;\">:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:700\">Egypt\u2019s limited fiscal space means that a \u201clarge-scale\u201d privatization program is essential<\/span><span> if it is going to bring an end to the ongoing FX liquidity crisis and plug our multi-bn USD financing gap, Morgan Stanley analysts <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/aaa5e218-d9a7-46ed-84fb-9dacc1708254\" style=\"\">wrote in a note<\/a><\/span><span style=\"font-weight:400;\"> yesterday.<\/span><\/li>\n<li><span style=\"font-weight:700\">Bidding war for Pachin continues to heat up:<\/span><span> Eagle Chemicals yesterday <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/09f23b66-34e5-4f37-b561-25483d9c4f77\" style=\"\">boosted its offer<\/a><\/span><span style=\"font-weight:400;\"> for EGX-listed Paint and Chemical Industries (Pachin) in response to Dubai-based National Paints Holding\u2019s new bid last week. <\/span><\/li>\n<li><span style=\"font-weight:700\">Four industrial property developers <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8e81641b-4cd6-4e0f-b18f-7fa285d623d3\" style=\"\">have been awarded<\/a><\/span><span style=\"font-weight:700\"> more than 1.8k feddans of land in New October City<\/span><span style=\"font-weight:400;\"> through the New Urban Communities Authority\u2019s (NUCA) new online bidding system<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>     <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">? CIRCLE YOUR CALENDAR-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">PSA- Start planning next month\u2019s holidays now<\/span><span style=\"font-weight:700\">:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">Coptic Easter falls on Sunday, 16 April;<\/span><\/li>\n<li><span style=\"font-weight:400;\">Sham El Nessim is on Monday, 17 April;<\/span><\/li>\n<li><span style=\"font-weight:400;\">Eid El Fitr should land on or around Friday, 21 April (it\u2019s still not clear what days will be official holidays);<\/span><\/li>\n<li><span>Tuesday, 25 April, is Sinai Liberation Day, for which we\u2019ll likely have a day off on Thursday, 27 April. <\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">PSA- Need funding for a green project? You can now apply to the second round of<\/span><span style=\"font-weight:700\"> the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/www.sgg.eg\/\" style=\"\">Smart Green Projects Initiative<\/a><\/span><span style=\"font-weight:700\"> until the end of May<\/span><span>, according to a Planning Ministry <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/MPEDEGYPT\/posts\/pfbid0375YBtTRtbVg6GATmMeemsRG7zf8o8xkL5fvcKmiMASVxzpqHtrnrJ3xfRuzHKxzml\" style=\"\">statement<\/a><\/span><span>. Eligible projects must use technology solutions to address environmental issues, present evidence of feasibility or innovation, and provide a written acknowledgement that no awards have been received during the initiative\u2019s first round, among other requirements. You can view the full list of criteria <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.sgg.eg\/?fbclid=IwAR1GjyqVHMFF4wPCgoMXQAaYMnNHXsTXj6sA_Prw-7XUrSRT_1LVBMfDi4Q#Conditions\" style=\"\">here<\/a><\/span><span> and apply <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.sgg.eg\/Home\/SignUp_EgyGreenInnovation\" style=\"\">here<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">\u2600\ufe0f <\/span><span style=\"font-weight:700\">TOMORROW\u2019S WEATHER- <\/span><span style=\"\">We\u2019re getting slightly more seasonal weather, with the mercury<\/span><span> peaking at 24<\/span><span style=\"font-weight:400;\">\u00b0C and falling to 11\u00b0C in the evening.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/registration.html\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/444.jpg?ssl=1\"\/><\/a><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">We are delighted to share with you that the Enterprise Exports & FDI Forum <\/span><span style=\"\">will be taking <\/span><span style=\"\">place on<\/span><span style=\"font-weight:700\"> Monday, 15 May <\/span><span style=\"\">at the<\/span><span style=\"font-weight:700;\"> Four Seasons Hotel at Nile Plaza.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">DO YOU WANT TO ATTEND?<\/span><span style=\"\"> The first wave of invites is going out soon. If you\u2019re a C-suite exec, exporter, investor, official, banker, or someone who should be part of the conversation, please <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/exportsfdi.enterprise.press\/registration.html\" style=\"\">TAP OR CLICK HERE<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/registration.html\" style=\"\">to request a spot at this exclusive event<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">WANT TO SHARE YOUR STORY ON STAGE?<\/span><span> Drop a note to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"mailto:patrick@enterprisemea.com\" style=\"\">Patrick here and let\u2019s talk<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">WANT TO BECOME A COMMERCIAL PARTNER?<\/span><span> Ping a note to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"mailto:mtaalab@inktankir.com\" style=\"\">Moustafa, our head of commercial, here<\/a><\/span><span>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Happy hump day, friends. We were relishing in a Ramadan news slowdown, but that appears to have given way to a rather brisk day here in Omm El Donia. THE BIG STORY TODAY Fair value studies completed for Damietta, Port Said ports: The Financial Regulatory Authority (FRA) is reviewing fair value studies of the state-owned [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":584267,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7213],"tags":[3921,633,76,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-584266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-alibaba","tag-enterprisepm","tag-financial-regulatory-authority","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"254e30a3-52f6-4bc9-9f16-baab026e61ce","order":"0","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2022\/12\/portsaidterminal-1600px.jpg","photo_position":"below","homepage_title":"","full_issue_title":"","related_issue":[584264],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/3\/.a5685a97-dc04-4e9c-8683-0658316649b0.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>THIS EVENING: The FRA is reviewing fair value assessments for Damietta + Port Said ports - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/this-evening-the-fra-is-reviewing-fair-value-assessments-for-damietta-port-said-ports\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS EVENING: The FRA is reviewing fair value assessments for Damietta + Port Said ports\" \/>\n<meta property=\"og:description\" content=\"Happy hump day, friends. We were relishing in a Ramadan news slowdown, but that appears to have given way to a rather brisk day here in Omm El Donia. THE BIG STORY TODAY Fair value studies completed for Damietta, Port Said ports: The Financial Regulatory Authority (FRA) is reviewing fair value studies of the state-owned [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/this-evening-the-fra-is-reviewing-fair-value-assessments-for-damietta-port-said-ports\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-28T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/portsaidterminal-1600px.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/this-evening-the-fra-is-reviewing-fair-value-assessments-for-damietta-port-said-ports\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/this-evening-the-fra-is-reviewing-fair-value-assessments-for-damietta-port-said-ports\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"THIS EVENING: The FRA is reviewing fair value assessments for Damietta + Port Said ports\",\"datePublished\":\"2023-03-28T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/this-evening-the-fra-is-reviewing-fair-value-assessments-for-damietta-port-said-ports\/\"},\"wordCount\":583,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/this-evening-the-fra-is-reviewing-fair-value-assessments-for-damietta-port-said-ports\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/portsaidterminal-1600px.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Alibaba\",\"EnterprisePM\",\"Financial Regulatory Authority\",\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/this-evening-the-fra-is-reviewing-fair-value-assessments-for-damietta-port-said-ports\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/this-evening-the-fra-is-reviewing-fair-value-assessments-for-damietta-port-said-ports\/\",\"name\":\"THIS EVENING: The FRA is reviewing fair value assessments for Damietta + Port Said ports - 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EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/this-evening-the-fra-is-reviewing-fair-value-assessments-for-damietta-port-said-ports\/","og_locale":"en_US","og_type":"article","og_title":"THIS EVENING: The FRA is reviewing fair value assessments for Damietta + Port Said ports","og_description":"Happy hump day, friends. We were relishing in a Ramadan news slowdown, but that appears to have given way to a rather brisk day here in Omm El Donia. THE BIG STORY TODAY Fair value studies completed for Damietta, Port Said ports: The Financial Regulatory Authority (FRA) is reviewing fair value studies of the state-owned [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/this-evening-the-fra-is-reviewing-fair-value-assessments-for-damietta-port-said-ports\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-03-28T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/portsaidterminal-1600px.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/this-evening-the-fra-is-reviewing-fair-value-assessments-for-damietta-port-said-ports\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/this-evening-the-fra-is-reviewing-fair-value-assessments-for-damietta-port-said-ports\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"THIS EVENING: The FRA is reviewing fair value assessments for Damietta + Port Said ports","datePublished":"2023-03-28T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/this-evening-the-fra-is-reviewing-fair-value-assessments-for-damietta-port-said-ports\/"},"wordCount":583,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/this-evening-the-fra-is-reviewing-fair-value-assessments-for-damietta-port-said-ports\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/portsaidterminal-1600px.jpg?fit=%2C&ssl=1","keywords":["Alibaba","EnterprisePM","Financial Regulatory Authority","WHAT WE\u2019RE TRACKING TONIGHT"],"articleSection":["WHAT WE\u2019RE TRACKING TONIGHT"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/this-evening-the-fra-is-reviewing-fair-value-assessments-for-damietta-port-said-ports\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/28\/this-evening-the-fra-is-reviewing-fair-value-assessments-for-damietta-port-said-ports\/","name":"THIS EVENING: The FRA is reviewing fair value assessments for Damietta + Port Said ports - 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Finance\u2026","rel":"","context":"In &quot;Privatization&quot;","block_context":{"text":"Privatization","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/privatization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/594.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":645193,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/ships-at-damietta-port-piers-now-required-to-purchase-power-from-ports-authority\/","url_meta":{"origin":584266,"position":1},"title":"Ships at Damietta Port piers now required to purchase power from port\u2019s authority","author":"enterpriseam admin","date":"13 July 2017","format":false,"excerpt":"Ships docked at the Damietta Port will now have to purchase electricity from the port authority at USD 0.50 per kWh, Al Mal reports. Ships will be allowed to use their generators only while loading and unloading cargo, the Damietta Port Authority decided in a bid to boost its USD\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602024,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/17\/saudis-globe-eyes-damietta-port-as-egypt-entry-point\/","url_meta":{"origin":584266,"position":2},"title":"Saudi\u2019s Globe eyes Damietta Port as Egypt entry point","author":"enterpriseam admin","date":"17 March 2019","format":false,"excerpt":"Saudi logistics service provider Globe Group is eyeing Damietta Port as its entry point into Egypt, the Damietta Ports Authority (DPA) said in a statement following a meeting between a delegation of senior executives from Globe and the DPA. The delegation is particularly interested in usufruct rights to manage and\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651122,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/05\/maersk-line-uses-rail-for-the-first-time-to-transport-containers-in-egypt\/","url_meta":{"origin":584266,"position":3},"title":"Maersk Line uses rail for the first time to transport containers in Egypt","author":"enterpriseam admin","date":"5 February 2017","format":false,"excerpt":"Shipping company has used rail for the first time ever to transport 120 containers from the Damietta Port to Sokhna Port, Al Borsa reported. 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Representatives from Maha Capital, the investment arm of Qatar Investment Authority (QIA), visited Damietta Port last week, a month after signing an MoU with the Transport Ministry to explore investment in the country\u2019s ports, the Damietta Port Authority said Thursday. 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