Suez canal
Suez Canal belongs to Egyptians, not to be sold: Suez Canal Authority head
Egypt
December 23, 2022
Suez Canal belongs to Egyptians, not to be sold: Suez Canal Authority head
Lieutenant General Osama Rabie, head of the Suez Canal Authority, stressed the absolute Egyptian sovereignty over the Suez Canal. Tgus…
SCZone chief: Gov’t interested in car manufacturing, not just assembly
Egypt
December 11, 2022
SCZone chief: Gov’t interested in car manufacturing, not just assembly
The government has launched a strategy for the automotive industry in East Port Said Industrial Zone, Chairman of the General…
Osama Rabie: Suez Canal first choice for all world navigation lines
Egypt
November 27, 2022
Osama Rabie: Suez Canal first choice for all world navigation lines
Chairman and Managing Director of the Suez Canal Authority (SCA) Osama Rabie said Suez Canal ranks first on world transit…
SCZONE signs dlrs 500 mn contract for 2nd container terminal
Egypt
November 16, 2022
SCZONE signs dlrs 500 mn contract for 2nd container terminal
The General Authority of the Suez Canal Economic Zone (SCZONE) signed a dlrs 500 million contract for a second container…
Photos: The first giant gas-powered cruise ship crosses Suez Canal
Egypt
November 6, 2022
Photos: The first giant gas-powered cruise ship crosses Suez Canal
The head of the Egyptian Suez Canal Authority, Osama Rabie, announced Thursday, that the giant passenger ship MSC WORLD EUROPA…
Egypt reduces total deficit to 6.1% of GDP in FY 2021/22: ministry
Business
October 12, 2022
Egypt reduces total deficit to 6.1% of GDP in FY 2021/22: ministry
Egypt recorded in the fiscal year ending in June 2022 a growth rate of 6.6 percent, and a primary surplus…
Suez Canal hits highest ever annual revenue, oil sector records surplus of $5 bln: minister
Business
October 12, 2022
Suez Canal hits highest ever annual revenue, oil sector records surplus of $5 bln: minister
The Suez Canal achieved the highest return of about US$7 billion in the fiscal year 2021/2022, and the oil sector…
Three yacht ports to be established from Suez Canal revenues: Sisi
Egypt
September 8, 2022
Three yacht ports to be established from Suez Canal revenues: Sisi
Three yacht ports will be established from the revenues of the Suez Canal, without prejudice to the allocations of the…
Suez Canal Authority re-floats stranded ship in Suez Canal
Egypt
September 1, 2022
Suez Canal Authority re-floats stranded ship in Suez Canal
The Suez Canal Authority issued a statement after re-floating a stranded huge ship in the canal’s shipping lane on Wednesday…
Remittances from expats rise 1.6% to $31.9 bln in 2022: CBE
Business
August 23, 2022
Remittances from expats rise 1.6% to $31.9 bln in 2022: CBE
Remittances from Egyptian expatriates increased during the fiscal year 2021/2022 at a rate of 1.6 percent, recording about US$31.9 billion,…