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Business
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Markets & Companies
3/6/2025 12:00:00 AM
Egyptian conglomerate Organi Group acquired 50 percent of Rolling Plus Chemical Industries in partnership with Concrete Plus, to revive €1 billion tyre manufacturing facility — the first of its kind in the Middle East — in the Suez Canal Economic Zone (SCZone).
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Business
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Economy
2/26/2025 3:23:20 PM
The Suez Canal Economic Zone (SCZone) announced that it had signed two significant deals worth $125 million in investments with Indian company FerroGenesis for Silico Manganese and Turkish textile giant Eroglu Knitting on Tuesday.
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Egypt
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Urban & Transport
2/24/2025 11:02:00 AM
Suez Canal Authority (SCA) Chairman Osama Rabie stated that 47 ships have resumed using the Suez Canal since early February instead of taking the longer Cape of Good Hope route.
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Egypt
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Urban & Transport
2/19/2025 4:26:45 PM
Suez Canal Authority (SCA) Chairman Osama Rabie stated on Wednesday that shipping companies could not secure a sustainable alternative route to the Suez Canal during the disruptions in the Red Sea maritime navigation amid Houthi attacks on Israeli-linked ships.
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Egypt
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Urban & Transport
2/10/2025 6:31:13 PM
Suez Canal Authority (SCA) Chairman Osama Rabie said the EGP 9 billion development project in the southern sector of the Suez Canal has been completed.
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World
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International
2/6/2025 6:20:25 PM
Panama on Thursday rejected the United States' claim that it had secured free passage for government vessels through the Panama Canal while bowing to US pressure to quit a key Chinese project.
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World
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International
2/6/2025 12:12:50 PM
The United States said Wednesday that its government vessels would sail for free through the Panama Canal following heavy pressure from President Donald Trump, but authorities at the waterway swiftly issued a denial.
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Egypt
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Urban & Transport
2/3/2025 7:37:07 PM
The Liberian-flagged oil tanker ‘CHRYSALIS’ transited the Suez Canal for the first time since it was attacked in the Red Sea in July last year, the Suez Canal Authority (SCA) announced on Monday.
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World
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International
2/2/2025 7:02:54 PM
US Secretary of State Marco Rubio entered talks Sunday with Panama's leader to press President Donald Trump's demand that the United States take back control of the Panama Canal.
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Egypt
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Urban & Transport
2/2/2025 3:11:35 PM
A 45-metre-long, 48-metre-wide Liberian-flagged drilling rig weighing 3,543 tons has transited the Suez Canal in 22 hours, travelling from the Mediterranean Sea to the Red Sea, according to a statement by the Suez Canal Authority (SCA).
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Business
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Economy
1/30/2025 5:57:01 PM
The net revenues of the General Authority of the Suez Canal Economic Zone (SCZone) have surged to approximately EGP 5.7 billion during the first half of fiscal year (FY) 2024/2025, a 32 percent increase from the EGP 4.3 billion recorded during the same period in FY2023/2024, according to a cabinet release on Thursday.
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Al-Ahram Weekly
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Economy
1/28/2025 9:27:45 PM
Will the Gaza ceasefire agreement accelerate the resumption of navigation in the Suez Canal
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Al-Ahram Weekly
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Economy
1/23/2025 9:14:00 AM
Experts are hoping the ceasefire in Gaza will bring relief to the Egyptian economy
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World
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International
1/22/2025 10:36:11 AM
Panama has complained to the United Nations over US President Donald Trump's "worrying" threat to seize the Panama Canal, even as it launched an audit of the Hong Kong-linked operator of two ports on the interoceanic waterway.
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World
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International
1/21/2025 8:44:13 PM
Panamanian authorities have launched an audit of the Hong Kong-linked operator of two Panama Canal ports, following US President Donald Trump's complaints of Chinese influence over the key interoceanic waterway.
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Egypt
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Foreign Affairs
1/21/2025 8:43:51 PM
President Abdel-Fattah El-Sisi discussed with his Russian counterpart Vladimir Putin on Tuesday the latest developments in Egyptian-Russian economic relations, especially establishing a Russian industrial zone in the Suez Canal Economic Zone and constructing the El-Dabaa Nuclear Power Plant.
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Business
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Economy
1/21/2025 5:41:53 PM
The Suez Canal is fully prepared to operate at maximum capacity, welcoming maritime services from major shipping lines, as global trade gradually returns to its normal flow through the canal, according to a statement issued by the Suez Canal Authority (SCA) on Tuesday.
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Al-Ahram Weekly
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Opinion
1/21/2025 5:37:55 PM
Which of new US President Donald Trump’s land-grabbing proposals should be taken seriously, asks Azza Radwan Sedky
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Egypt
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Foreign Affairs
1/21/2025 2:06:44 PM
President Abdel-Fattah El-Sisi expressed Egypt’s aspiration to calm the situation in the Bab El-Mandeb Strait following the success of the Gaza ceasefire agreement, which took effect Sunday morning.
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World
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International
1/14/2025 7:31:58 PM
The Panama Canal will remain Panamanian, the secretary general of the United Nation's maritime body told AFP on Tuesday, after Donald Trump refused to rule out using military force to seize the key waterway.
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