Egypt News » Suez News Egypt » Suez » Trade: 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 » Trade: 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 » Trade: Shipping stocks trade mixed as companies avoid Red Sea and Suez Canal
Egypt's Suez Canal authority said on Sunday it was closely monitoring the impact of tensions in the Red Sea after recent attacks by Yemen's Houthis on vessels in the southern part of the basin, a ...
News Egypt » Suez » Trade: Egypt's revenue from the Suez Canal plunged sharply in 2024
Add Yahoo as a preferred source to see more of our stories on Google. Egyptian dredging ship, Mashhour, sails at the Suez Canal in Ismailia, Egypt, Wednesday, April 16, 2025. (AP Photo/Amr Nabil) ...
News Egypt » Suez » Trade: Egypt's Suez Canal fee hike won't have a 'massive' impact on trade flows
Egypt announced on Saturday that transit fees for all types of vessels passing through the Suez Canal will be increased in 2023. "The increase is inevitable and a necessity in light of the current ...
News Egypt » Suez » Trade: 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 ...
News Egypt » Suez » Trade: Egypt trade deficit widens 24.6% to $47.8 bln in 1st nine months of FY2025/2026: CBE
Egypt's trade deficit widened by 24.6 percent to $47.8 billion during the first nine months of FY2025/2026, which ended at the end of June 2026, according to the Central Bank of Egypt's (CBE) Balance ...
News Egypt » Suez » Trade: Egypt: Houthi attacks cut Suez Canal revenue by half
The canal is one of the main sources of foreign currency for Egypt which is gripped by a severe financial crisis. Since November, the Iran-backed Houthis have launched numerous attacks on vessels in ...
News Egypt » Suez » Trade: Abdel Fattah El-Sisi’s radical gambit to remake Egypt
For 5,000 years, Egypt was a river civilization. Under Abdel-Fattah Sisi, it is turning toward the Mediterranean Sea.
News Egypt » Suez » Trade: Egypt's Suez Canal blocked by huge container ship
The giant ship is causing a traffic jam in one of the world's busiest waterways A giant container ship the length of four football pitches has become wedged across Egypt's Suez Canal, blocking one of ...
News Egypt » Suez » Trade: 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 ...