Direct port calls at Port Said and Alexandria eliminate the transhipment delays common at Mediterranean hubs.
Qatar Airways Cargo also expanded its strategic partnership with Cainiao, the logistics arm of Alibaba, enhancing connectivity for the global e-commerce market.
North American carriers saw 5% growth, while European carriers recorded 6% growth.
Seroussi said Dr. Lichtenstein’s management, financial, and international business experience aligned with the company’s current needs.
The Ministry of Agriculture opposed the deal, citing concerns related to food security.