Egypt News » Suez News Egypt » Suez » Economy: Egypt: GUPCO raises crude oil output to 71,250 barrels per day
The Gulf of Suez Petroleum Company (GUPCO) has increased its crude oil production to 71,250 barrels per day, its highest level since July 2019, according to a statement by the Ministry of Petroleum ...
News Egypt » Suez » Economy: China-Egypt TEDA seeks 10-square-kilometer expansion in SCZONE
China-Egypt TEDA Suez Economic and Trade Cooperation Zone is negotiating with the Egyptian government to secure an additional 10 square kilometers within the Suez Canal Economic Zone (SCZONE), a move ...
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: Explainer| What latest BoP figures reveal about Egypt economy
The Central Bank of Egypt (CBE) released its Balance of Payments (BoP) report for the July-March period of FY2025/2026, which ended on 30 June 2026, tracking the flow of foreign currency into and out ...
News Egypt » Suez » Economy: Egypt to establish pharmaceutical industry zone in Suez Canal Economic Zone
The Suez Canal Economic Zone (SCZone) will establish a dedicated pharmaceutical industry zone covering an area of four million square metres (m²) to attract medicine and medical device manufacturers, ...
News Egypt » Suez » Economy: Egypt spies opportunity in global supply chain with Suez Canal Economic Zone
Egypt plans to turn global supply chain volatility into a strategic opportunity via the Suez Canal Economic Zone (SCZone) – a sprawling 460 km² megaproject along trade routes connecting Europe, Asia ...
News Egypt » Suez » Economy: Egypt lands $391 million Egypt-UAE deal to unlock one of Africa’s biggest renewable energy corridors
Egypt is investing heavily in the part of the clean energy transition that often attracts the least attention: the electricity grid. ・Egypt has secured a $391 million (EGP20 billion) investment from ...
News Egypt » Suez » Economy: The Alternative Suez Canal: How Egypt Powers Mass Global Communication
Undoubtedly, the Suez Canal is one of the world’s most important maritime chokepoints.Around 30 percent of total global container trade passes through the Canal, while each year, more than USD o ...