logo
Egypt, Singapore explore cooperation on digital transformation of ports

Egypt, Singapore explore cooperation on digital transformation of ports

Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), met with Ambassador of Singapore to Cairo, Dominic Goh, on Monday at the SCZONE headquarters in the New Administrative Capital. The meeting focused on strengthening bilateral ties and exploring investment opportunities within the SCZONE, with particular emphasis on its industrial, logistics zones, and affiliated seaports.
During the discussion, Gamal El-Din outlined the numerous investment opportunities available through the SCZONE's strategic vision, which includes 21 diversified industrial and logistics sectors. He emphasized that the integration of ports and industrial zones plays a crucial role in linking manufacturing processes with global markets, especially given the Authority's ownership of six ports located on both the Mediterranean and Red Seas.
Gamal El-Din expressed the SCZONE's keen interest in collaborating with Singaporean institutions and companies in several key sectors. He noted that ongoing consultations with Singapore Cooperation Enterprise (SCE) are focused on transferring Singapore's advanced expertise in port management and operations. The collaboration aims to incorporate the latest smart port technologies, which are pivotal in the SCZONE's digital transformation strategy for ports.
The Chairperson further highlighted that this partnership is critical for supporting the implementation of the Authority's digital transformation initiatives, which aim to improve governance, enhance operational efficiency, and increase cargo handling capabilities at SCZONE ports.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Eight days left to benefit from tax relief, warns ETA
Eight days left to benefit from tax relief, warns ETA

Daily News Egypt

time3 hours ago

  • Daily News Egypt

Eight days left to benefit from tax relief, warns ETA

The Egyptian Tax Authority (ETA) has reminded taxpayers that only eight days remain to take advantage of the tax relief measures introduced under Law No. 5 of 2025, issued on 12 February as part of the government's first package of tax facilities. In a statement on Monday, the Authority explained that the law offers several incentives to taxpayers. These include settling disputes relating to tax periods before 1 January 2020; filing for assessment and paying due taxes on real estate disposals or transactions involving unlisted securities conducted in the five years preceding the law's enactment; and submitting original or amended tax returns for income tax covering 2020 to 2023, as well as value-added tax from 2020 to 2024. The ETA emphasised that these measures reflect the shared vision of the Ministry of Finance and the Authority to resolve outstanding disputes, alleviate taxpayers' burdens, and encourage voluntary compliance—ultimately opening a new phase based on partnership, certainty, and mutual trust. This approach is also designed to help integrate the informal economy into the formal system and contribute to achieving national development goals. The Authority further clarified that applications for the Integrated Tax System for Small and Micro Enterprises—with annual revenues below EGP 20m under Law No. 6 of 2025—can be submitted at any time, via the Authority's official website. However, to benefit from the tax amnesty on liabilities for periods prior to enrolment, taxpayers must register by 12 August. To support taxpayers, the Authority said it continues to raise awareness about the relief package and to offer free technical assistance. This includes on-site support teams at tax offices and centres, as well as daily online seminars, details of which are posted on the Authority's official Facebook page. Explanatory videos are also available on the Authority's website and YouTube channel, alongside a detailed guide to the tax facilities.

Egypt imports 345,000 tonnes of food, agricultural products in one week
Egypt imports 345,000 tonnes of food, agricultural products in one week

Daily News Egypt

timea day ago

  • Daily News Egypt

Egypt imports 345,000 tonnes of food, agricultural products in one week

The National Food Safety Authority has announced that Egypt received approximately 2,060 food shipments last week, with a combined weight of around 345,000 tonnes, imported by 910 companies. According to a report issued by the Authority's media centre, the imports included wheat, various oils, local fava beans, and soybeans. Ukraine topped the list of exporting countries to Egypt during the week, followed by Russia, Indonesia, and the United States, out of a total of 84 countries supplying food products to the Egyptian market. Alexandria Port remained the primary gateway for incoming food shipments, handling 660 shipments. It was followed by Cairo International Airport with 510 shipments and Ain Sokhna Port with 265. In terms of customs clearance, 1,064 food shipments were released under provisional (temporary) clearance, while 475 shipments were processed through the fast-track release system. The Grievance Committee also issued incident reports for 90 shipments during this period, and 85 import licences were granted to importers. Meanwhile, the Authority reported that, according to the General Administration for Exports and Imports, Egypt exported around 165,000 tonnes of food products last week through 3,810 shipments handled by 1,250 exporting companies. These exports covered roughly 644 types of food items, including vegetables and tubers, processed vegetables and fruits, flour and grain products, among others. Among vegetable exports, beans of various types ranked first with 8,000 tonnes, followed by potatoes at approximately 7,000 tonnes, and mixed frozen vegetables at 6,000 tonnes. In total, 50 different vegetable products were exported, amounting to around 45,000 tonnes. As for fruits, strawberries led with a total of 10,000 tonnes exported last week, followed by mangoes and red grapes at roughly 5,000 tonnes each. Altogether, 30 types of fruits were exported, totalling around 26,000 tonnes. Egyptian food exports were distributed across 170 international markets during the week, with Sudan, Saudi Arabia, the United States, and Russia among the top importers. Regarding export terminals, Alexandria Port again topped the list with 710 export shipments, followed by Damietta Port with 449 shipments and Cairo International Airport with 435. To support food exports, the Authority issued 750 health certificates last week under the system introduced earlier this year, aimed at ensuring compliance with food safety standards and boosting international confidence in Egyptian products.

28,000 beneficiaries from 85 awareness activities conducted by the Federal Tax Authority across all UAE emirates during the first half of this year
28,000 beneficiaries from 85 awareness activities conducted by the Federal Tax Authority across all UAE emirates during the first half of this year

Mid East Info

timea day ago

  • Mid East Info

28,000 beneficiaries from 85 awareness activities conducted by the Federal Tax Authority across all UAE emirates during the first half of this year

FTA continues plans to support the objectives of the second cycle of the Zero Government Bureaucracy Programme Abu Dhabi,August 2025: The Federal Tax Authority FTA has reaffirmed its continued efforts to enhance and diversify its awareness campaigns and communication channels to effectively reach all stakeholders involved in tax implementation. This aims to strengthen engagement with taxpayers and beneficiaries across all emirates of the UAE, while highlighting the Authority's continuously expanding range of services. The FTA stated that over the past year and the first half of the current year, several innovative campaigns, programmes, and activities have been launched to meet the tax awareness needs of the business community and various segments of Emirati society. The FTA announced that it conducted 85 awareness activities during the first half of 2025, benefiting 28,000 participants, marking a 21% increase compared to 70 activities held during the same period in 2024. The increased number of workshops aims to ensure there are no gaps in tax-related knowledge. According to the Authority, 53 virtual events were conducted in the first half of 2025, compared to 43 in the same period in 2024, while 24 in-person events were held, down slightly from 27 events during the first half of last year. The FTA confirmed that it continues to advance its plans in support of the second cycle of the Zero Government Bureaucracy Programme. These efforts are focused on enhancing digital integration with relevant authorities, continuously improving users' digital experiences. The Authority also explained that its awareness activities including its Customer Councils, which are held across all emirates focus on organising consultative sessions and dialogues with representatives from the business community and stakeholders. These sessions are designed to gather input and suggestions regarding the FTA's initiatives and projects aimed at reducing unnecessary tax procedures, eliminating repetitive or redundant requirements, enhancing government integration, promoting data sharing. Zahra Al Dahmani, Director of Taxpayer Services at the FTA, stated: 'As part of our ongoing efforts to diversify awareness tools and communication channels in line with current needs, we continue to engage the business community by incorporating their ideas and suggestions into the FTA's sustainable development plans. These efforts are aimed at maintaining the highest levels of efficiency, quality, and flexibility while simplifying and streamlining procedures.' She added: 'The FTA has launched new awareness campaigns and programmes to introduce its services and initiatives and has continued to expand its core awareness activities. Key initiatives introduced include the 'Tax Talks' workshops, which benefited 72 participants through three sessions; two workshops on 'Tax Certificates', which served 1,330 participants; six workshops on the 'EmaraTax' digital tax services platform, which attracted 2,044 participants; and two workshops on 'Tax Updates', with 1,824 participants during the first half of 2025.' Al Dahmani emphasised that the FTA's awareness efforts highlight the ongoing legislative and procedural developments in the tax system, as well as the various digital transformation projects launched by the Authority. These projects aim to accelerate service delivery, reduce paper-based processes, minimise documentation requirements, and provide more accessible and efficient services all with the goal of delivering tangible results in a short timeframe. About Federal Tax Authority: The Federal Tax Authority was established under Federal Decree-Law No. (13) of 2016 with the aim of supporting the UAE's strategy to diversify the national economy and increase non-oil revenues. The FTA is responsible for the administration and collection of federal taxes based on international best practices and standards. Since its inception in 2017, the FTA has worked in collaboration with competent authorities to build a comprehensive and balanced tax system, making the UAE one of the first countries in the world to implement a fully electronic tax system that encourages voluntary compliance. The system offers streamlined procedures from registration to filing tax returns and paying due taxes through the Authority's website:

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store