Egypt News » Suez News Egypt » Suez: Egypt Suez Canal Authority receives new offshore service vessel “Fakhr 1”
Egypt’s Suez Canal Authority (SCA) announced on Thursday the arrival of the offshore supply and integrated petroleum services vessel “Fakhr 1”, marking a new addition to its maritime fleet as part of ...
News Egypt » Suez: Egypt moves to turn Suez Canal into Africa’s next logistics powerhouse
Egypt is weighing plans for a major logistics distribution hub along the Suez Canal, a move that could strengthen its grip on one of the world's busiest trade corridors and reshape how goods move ...
News Egypt » Suez: (Yonhap Interview) Egyptian FM proposes Korean industrial zone on Suez Canal
Egypt's top diplomat on Tuesday proposed South Korean companies establish a dedicated industrial zone along the Suez Canal by expanding investment in the country, noting that if realized, it would ...
News Egypt » Suez: Egypt's revenue from the Suez Canal plunged sharply in 2024
CAIRO (AP) — Egypt's revenue from the Suez Canal plunged by almost two thirds last year, officials said Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East that have ...
News Egypt » Suez: Egypt's Suez Canal nets record $6.3 billion revenue last year
The unprecedented 2021 revenues came as the shipping industry is still under pressure from two years of the coronavirus pandemic.
News Egypt » Suez: Egypt proposes Japanese industrial zone as FM Abdelatty meets Japan PM
Egyptian Foreign Minister Badr Abdelatty proposed establishing a Japanese industrial zone in the Suez Canal Economic Zone (SCZone) during talks with Japanese Prime Minister Sanae Takaichi on Wednesday ...
News Egypt » Suez: Egypt's Suez Canal revenue fell sharply in 2024 on regional tensions
Egypt’s revenue from the Suez Canal plunged by almost two thirds last year, officials said on Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East that have impacted ...
News Egypt » Suez: Egyptian official says Suez Canal to reopen within a few days
Cairo — Marine traffic through the Suez Canal remained blocked on Friday for the fourth consecutive day, with dozens of ships stuck at both the north and south entrances to the shortest route between ...
News Egypt » Suez: Egypt: Sisi causes controversy with the Suez Canal fund
For the past two weeks, Egypt has been facing a heated debate. On 19 December 2022, its parliament adopted a bill aimed at creating an investment fund for the Suez Canal. Managed directly by the Suez ...
News Egypt » Suez: Suez Canal Ship Case Adjourned for Compensation Talks, Egypt Says
An Egyptian court on Saturday adjourned the case of a hulking cargo vessel that blocked the Suez Canal for nearly a week earlier this year. The move is to allow more time for negotiations aiming at ...