Egypt News » Suez News Egypt » Suez » Economy: In Egypt’s Suez Zone, China Plants Its Factories and the Yuan
Egypt is expanding the Suez Canal Economic Zone with a third phase aimed at attracting more Chinese manufacturing investment in sectors ranging from automobiles and renewables to semiconductors and ...
News Egypt » Suez » Economy: Suez Canal Revival Gathers Pace as Hormuz Crisis Reroutes Ships
Suez Canal revenue rose 42% in July from the year earlier, as the Iran war’s effective closure of the Strait of Hormuz and Houthi threats in the southern Red Sea led more ships to use the Egyptian ...
News Egypt » Suez » Economy: Egypt economy grows 5.1% in FY25/26, beating int’l forecasts: Cabinet
Egypt’s real GDP grew 5.1 percent in FY2025/2026, which ended in June 2026, accelerating from 4.4 percent a fiscal year earlier and exceeding international institutions' forecasts, the cabinet said in ...
News Egypt » Suez » Economy: Chinese-Egyptian partnership creates jobs, skills, global supply-chain ties
Jushi Egypt says its four production lines now give the country a spot among the world's top-four fiberglass producers, with an annual capacity hitting 360,000 metric tons. The facility exports more ...
News Egypt » Suez » Economy: Sungrow breaks ground on 10 GWh battery storage factory in Egypt
Sungrow has begun construction of a $50 million BESS factory in Egypt’s Suez Canal Economic Zone, targeting 10 GWh of annual production and an April 2027 start. The facility will supply Egypt’s ...
News Egypt » Suez » Economy: As the China-US AI race reaches Cairo, Egypt faces a strategic decision
Egypt walks a tightrope as China and the US vie for dominance in AI data centre development.
News Egypt » Suez » Economy: China’s Xi makes first visit to Egypt in a decade, amid regional turmoil
Chinese President Xi visits Egypt to deepen economic ties and align strategies amid Middle East crises.
News Egypt » Suez » Economy: How Red Sea attacks prepared Egypt’s economy for future shocks
The Red Sea ship attacks may have dented Egypt’s economy, costing billions of dollars in lost Suez Canal fees, but they also forced much-needed change, according to the head of Egypt’s largest private ...
News Egypt » Suez » Economy: Egypt’s Suez Canal Economic Zone revenues jump 38% YoY despite traffic downturn
Egypt’s General Authority for the Suez Canal Economic Zone reported a 38 percent year-on-year increase in revenue in the fiscal year 2024/25, reaching 11.43 billion Egyptian pounds ($234 million).
News Egypt » Suez » Economy: Expo 42: Trading places
Following Mubarak's fall, Egypt's future success relies on harnessing the Suez Canal's potential. But the nation faces growing competition from new superpowers, trade routes and the ever-present ...
News Egypt » Suez » Economy: 20 facts about the Suez Canal: history, impact & secrets
Explore 20 fascinating facts about the Suez Canal, from its ancient origins to its modern global impact. Uncover its engineering marvels, human cost, and s ...