ArabFinance: United Arab Shipping (UASG) released its annual financial results, reporting a 20% Year on Year (YoY) increase in its net loss for the financial period ending March 2020.

It suffered a net loss of EGP 22.657 million in the first 9 months of FY 2019/2020, a rise from EGP18.927 million incurred in the same period a year earlier.