Alexandria and Safaga Customs Goods Auction Raises EGP 27 Million

An auction of goods held by customs in Alexandria and Safaga generated EGP 27 million at a session on October 7.

The sale was part of efforts to implement a presidential directive to clear stagnant and abandoned goods from all Egyptian ports.

The directive calls for daily monitoring of containers and unclaimed goods held in warehouses and storage yards.

The October 7 auction formed part of that broader clearance process, moving stored customs goods through public sale.