No Result
View All Result
Monday, March 16, 2026
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

Egypt to establish logistic area on its border with Libya to improve bilateral trade

bySami Zaptia
August 21, 2023
Reading Time: 1 min read
A A
Egypt to establish logistic area on its border with Libya to improve bilateral trade

President Sissi revealed that a new logistics area will be established at the Egyptian-Libya border crossing to enhance trade (Photo: MENA).

Egypt is to establish a ‘‘logistic area’’ at its Al-Salloum land border crossing with Libya. The news was revealed by Egyptian President Abdel-Fattah Sisi during a tour he conducted Wednesday of the north-western Marsa Matrouh Governorate.

The logistic area is part of a wider plan to develop the Salloum land border crossing with Libya by establishing a 250-300-acres linkage area (about one million square meters) next to the Salloum port to improve and enhance trade movement with Libya.

The plan includes developing the port for transportation, a separate emergency border crossing path for ambulances, and a crossing with security screening devices, in addition to an express train that will reach the city of Salloum.

Speaking to a gathered audience from the governate, Sisi pointed out that Egypt has been working to develop the Salloum crossing for four years. He admitted that the cost was very high to build roads from Matrouh Governorate for trade with Libya but indicated that there will be great benefits for the people of the governorate because of his government’s developments for the area.

The plan to develop the border crossing is also no doubt driven by regular hold ups over the years at the crossing for travellers and goods. Increased trade will increase employment and revenues for Egyptians, but it is also no doubt part of Sissi’s plan to maintain strong political and cultural ties with Libya in general and eastern Libya particularly. The same tribes live across the Libyan-Egyptian border.

RELATED POSTS

High-level Libyan delegation visits Egypt to advance private sector engagement in Solid Waste Management

MFZ signs strategic maritime MoU with the Egyptian company MAPSO to enhance capabilities in building and maintaining marine vessels

Tags: Egypt EgyptianMarsa Matruh MatrouhSalloum border crossingSissiTrade

Related Posts

The Libyan African Investment Portfolio (LAP) participates in Brussels forum on Africa.
Business

Libya Africa Portfolio receives Nigerien Ambassador to enhance coordination on the Transit Corridors Project

March 16, 2026
The 7th Libya International Food Exhibition will take place at the Tripoli International Fairgrounds from 29 March to 1 April
Business

The 7th Libya International Food Exhibition will take place at the Tripoli International Fairgrounds from 29 March to 1 April

March 16, 2026
Libya’s BCD severs investment ties with Qatari bank
Business

Bank of Commerce and Development: First bank to launch e-Wallet for expat residents and workers

March 16, 2026
Namaa Tamweel’s Home Projects Islamic micro loans booming
Business

ATIB bank signs MoU with Majaal and Xtreme companies to finance and empower micro-entrepreneurs and enhance their growth and sustainability

March 15, 2026
Libya and Shell discuss several areas of cooperation
Business

Ministry of Oil and Gas to launch the Libya Energy Innovation and Research Award

March 15, 2026
CBL receives results from meetings with international banks
Business

CBL to abolish tax on foreign exchange sales and tax on foreign exchange personal allowance to a rate of 6.37 dinars to the dollar

March 15, 2026
Next Post
CBL announces that it has returned into a reunified sovereign institution

CBL announces that it has returned into a reunified sovereign institution

Economy Minister Hwej reviews his ministry’s implementation of its 2023 plan and issues several directives

Preparatory meeting for Libyan-Italian Business Forum – event to be held before end of year

Top Stories

  • Op-Ed: Boulos entrenches Libya’s “flawed reality” and absence of a European role opens door to paths that deepen crisis

    Op-Ed: Boulos entrenches Libya’s “flawed reality” and absence of a European role opens door to paths that deepen crisis

    0 shares
    Share 0 Tweet 0
  • Aldabaiba reveals his new ministerial appointments – top posts of Interior, Oil and Gas, Foreign Affairs and Defence remain unchanged: Report and analysis

    0 shares
    Share 0 Tweet 0
  • Tripoli government team holds further meeting with Boeing regarding the establishment of a new airliner

    0 shares
    Share 0 Tweet 0
  • Hafters vow to continue uncontrolled public spending – refuse to cut spending to save Libya’s economy – veiled threat to cut off oil supplies

    0 shares
    Share 0 Tweet 0
  • CBL allows official foreign residents in Libya the use of e-Wallets – sets daily transfer categories

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Libya Africa Portfolio receives Nigerien Ambassador to enhance coordination on the Transit Corridors Project

The 7th Libya International Food Exhibition will take place at the Tripoli International Fairgrounds from 29 March to 1 April

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.