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United Arab Shipping denies establishing container terminal of LE700m

United Arab Shipping denies establishing container terminal of LE700m

ArabFinance: United Arab Shipping Company (UASC) (UASG) said referring to the news that was published United Arab Shipping to establish Container Terminal with investments of LE700 million.

The Company denies the aforementioned news, adding, the suggested investments are allocated to tributary and container ships' project with a budget of LE329 million financed by financial leasing system. It added the projected profits from the project will be LE82 million. 

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04 Oct 2021
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