Arab International Bank SWIFT Code Simplifies Crossborder Transfers

Arab International Bank SWIFT Code Simplifies Crossborder Transfers

This article provides an in-depth analysis of the SWIFT code system of the Arab African International Bank (SAIB) in Egypt, offering a guide to efficient cross-border transfers. It covers the head office and branch codes, usage scenarios, the complete transfer process, third-party platform selection, and frequently asked questions. The aim is to help users avoid errors and ensure that funds arrive safely and quickly. The guide offers practical advice for navigating international banking with SAIB and understanding the nuances of SWIFT codes in the Egyptian banking context.

09/03/2025 International Settlement
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Gabon Unveils Lucina Terminal As Key Oil Export Hub

Gabon Unveils Lucina Terminal As Key Oil Export Hub

Lucina Terminal, a significant oil export port in Gabon, is located near Mayumba in Nyanga Province. It is known for its unrestricted draft and efficient oil loading capabilities. Operating 24 hours a day, this port is a crucial hub for Gabon's oil economy, and understanding it provides insight into the country's overall economic situation. Other important Gabonese ports, such as Cape Lopez and Port-Gentil, also support the nation's foreign trade. The port plays a vital role in the West African shipping landscape due to its strategic location and oil handling capacity.

09/29/2025 Port Encyclopedia
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Gambia Revenue Authority Leads HR Modernization in West Africa

Gambia Revenue Authority Leads HR Modernization in West Africa

The World Customs Organization (WCO), through the West Africa Customs Administration Modernization (WACAM) project, is supporting the Gambia Revenue Authority (GRA) in implementing a competency-based human resource management model. A WCO expert team reviewed GRA's HR management tools and provided recommendations for improvement and an implementation plan. GRA is expected to become a benchmark in human resource management in the West and Central African region, offering valuable lessons for other countries. This initiative aims to enhance efficiency and effectiveness within the GRA through strategic human resource development.

01/07/2026 Customs Knowledge
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Cocoa Giants Pledge to End Deforestation in West Africa

Cocoa Giants Pledge to End Deforestation in West Africa

Twelve global cocoa giants are collaborating with the World Cocoa Foundation (WCF) to eliminate deforestation in the cocoa supply chain. Initially focusing on Ghana and Côte d'Ivoire, the project aims to build a sustainable cocoa production ecosystem by improving farmer livelihoods, addressing climate change, eliminating child labor, and preventing diseases. Working with the African Development Bank and governments, the initiative promotes crop diversification to achieve unified environmental, economic, and social benefits. This collaborative effort seeks to ensure a more responsible and resilient future for the cocoa industry and the forests it impacts.

01/19/2026 Logistics Industry Insights
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Ivory Coast Launches Transparent Customs System to Boost Trade

Ivory Coast Launches Transparent Customs System to Boost Trade

With support from the EU-WCO and the German Alliance for Trade Facilitation, Côte d'Ivoire is actively developing a national Advance Ruling System. This initiative aims to enhance trade transparency and predictability, reduce trade disputes, attract foreign investment, and improve customs efficiency. The system is expected to revitalize Côte d'Ivoire's trade development and serve as a model for other African nations. It will provide traders with binding rulings on tariff classification, origin, and other customs-related matters before import or export, fostering a more predictable and reliable trading environment.

01/22/2026 Customs Knowledge
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West Africa Enhances Customs Risk Management During Pandemic

West Africa Enhances Customs Risk Management During Pandemic

Supported by the WCO/JICA joint project, West African Customs administrations continued to enhance their risk management and intelligence analysis capabilities during the pandemic through online training. The MTP project, involving six countries including Benin, aims to cultivate a team of experts proficient in these skills and has made significant progress. By adopting innovative training methods, the project overcame the challenges posed by the pandemic and injected new momentum into customs capacity building in West Africa. The online format allowed for continued learning and development despite travel restrictions and social distancing measures.

01/22/2026 Customs Knowledge
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Zhengzhouseoul Cargo Route Boosts Crossborder Ecommerce

Zhengzhouseoul Cargo Route Boosts Crossborder Ecommerce

China Postal Airlines launched the 'Zhengzhou-Seoul' international freight route on July 5, operating three regular flights per week, which will support the development of the cross-border e-commerce industry in Henan Province. The opening of this route not only promotes trade between Henan and South Korea but also lays the groundwork for the establishment of additional routes in the future.

07/09/2025 Logistics
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Shipping Congestion Surges in Europe Latin America

Shipping Congestion Surges in Europe Latin America

International shipping congestion at ports in Europe and Latin America continues to worsen. The CEO of Hapag-Lloyd noted that labor disputes in Rotterdam and Antwerp are causing delays, while strong performance in the Brazilian market is exacerbating congestion at South American ports. Cargo owners and freight forwarders need to be aware of this trend and actively plan their logistics strategies.

06/09/2025 Logistics
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CMA CGM Debuts First Usflagged Container Ship

CMA CGM Debuts First Usflagged Container Ship

CMA CGM held a ceremony in South Carolina to flag the CMA CGM PANGAEA under the U.S. flag, marking a new phase in America's maritime strength. With a capacity of 9,300 TEUs, it is the largest U.S. flagged container ship in history. The ship will provide training for maritime students, enhance the U.S. seafarer workforce, and promote international trade and economic development.

07/25/2025 Logistics
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Emergency Notice Significant Increase in Shipping Fees Get Informed About the New Policy

Emergency Notice Significant Increase in Shipping Fees Get Informed About the New Policy

Hapag-Lloyd announced that starting August 28, 2024, the GRI fees for shipping from Asia to South America and the West Coast will increase by $2,000. Additionally, a peak season surcharge will be imposed on container cargo from the Far East to Australia. This adjustment in policy occurs amidst frequent fluctuations in current market freight rates and has garnered widespread attention.

08/26/2024 Logistics
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