Egypt News » Suez News Egypt » Suez » Government: 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 » Government: 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 » Government: 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 » Government: 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 » Government: Egypt's Suez Canal revenue hits $7 billion record peak
CAIRO - Egypt's Suez Canal revenue hit a record high of $7 billion in the financial year to June 30, up 20.7% from the previous year, Canal Authority Chairman Osama Rabea said on Monday.
News Egypt » Suez » Government: Abdelatty promotes Egypt as gateway to African markets in talks with South Korean firms
Foreign Minister Badr Abdelatty highlighted Egypt's strategic position as a gateway to African markets and presented investment opportunities in the Suez Canal Economic Zone (SCZone) during a meeting ...
News Egypt » Suez » Government: Egypt’s Suez Canal Revenue Plummeted by Almost Half in January
Suez Canal traffic dropped precipitously in January, nearly halving Egypt’s revenue from waterway fees as Houthi rebels continue to attack transport vessels. Egypt took in just $428 million last month ...
News Egypt » Suez » Government: Cargo ship breaks down in Egypt's Suez Canal and crashes into a bridge. Traffic is not disrupted
CAIRO — A cargo ship broke down in Egypt's Suez Canal on Wednesday and crashed into a bridge over the crucial waterway, authorities said, adding that the incident did not disrupt canal traffic. The ...