East Port Said to soon host cement silo courtesy of Sky Ports

Sky Ports has earmarked USD 50 mn for the cement silo project at East Port Said, the firm said at the groundbreaking ceremony for the new terminal. The project is expected to have a major impact on the economy — by opening entirely new export lanes for Egyptian cement, Sky Ports’ Chairman Tarek Hussein told us back in November. It comprises eight concrete silos, designed to handle up to 20k tons per day and around 4-5 mn tons per year of bulk cement for export. The silos — which are being prepped in Denmark and Spain — are slated for delivery by the end of 2027.

Why it matters? “This project is especially built to meet international standards that could enable [Egypt] to unlock new markets we have never reached before for this product, such as the United States, which will have a positive impact on Egyptian exports,” Hussein said.

Sky Ports has been busy: Egypt inaugurated a USD 65 mn multipurpose terminal set up by Sky Ports back in November also in East Port Said.

Temu expands its business model in the UAE-

Chinese PDD Holdings-backed e-commerce leader Temu’s local-to-local model hasexpanded its operations in the UAE — launching a local seller platform that will give UAE-registered firms with locally stocked inventory access to fresh distribution channels and delivery tools via the platform. The move aligns with recent efforts by a number of e-commerce giants to up their hold on the increasingly competitive GCC market.

What’s changing? Since its UAE launch in September 2023, the platform has operated primarily as a cross-border play, serving as a digital window to factories in China with delivery times often stretching past 10 days. This move introduces Temu’s local-to-local marketplace, allowing UAE-registered businesses with existing local inventory to sell directly on the platform.

GFH wagers on chemicals as logistics goes niche-

GFH moves deeper into high-spec warehousing: GFH Partners Manrre Reit — in partnership with Palmon Group — has launched a specialized temperature-controlled chemical warehouse in Dubai’s Jebel Ali Freezone (Jafza). The facility — spanning 180k sq ft with 112k sq ft of built-up space — has capacity for up to 17k pallets and is equipped with nine loading docks and three loading bays.

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