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Business
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Economy
10/25/2023 6:00:00 PM
Egypt's Suez Canal Authority (SCA) has signed a memorandum of cooperation (MOC) with Qatari dairy producer Baladna valued at $1.5 billion to initiate projects that guarantee food security for the Egyptian population.
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Business
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Economy
10/18/2023 2:51:47 PM
Hengtong, China’s giant fibre optic cable manufacturer, will expand its factory in the China-Egypt TEDA zone with $18 million in investments, to produce two million kilometres of optic cables annually, under an agreement signed on Wednesday with the Suez Canal Economic Zone (SCZONE).
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Business
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Economy
10/17/2023 5:40:04 PM
The Suez Canal Economic Zone (SCZONE) on Tuesday signed a letter of intent (LOI) and three framework agreements with Chinese companies for industrial projects with $2.75 billion in investments.
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Business
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Economy
10/17/2023 5:17:14 PM
Egypt's Suez Canal Economic Zone (SCZone) has signed energy agreements worth up to $14.75 billion, signalling a new era of green energy in the region, according to a statement by the Egyptian cabinet on Tuesday.
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Business
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Economy
10/17/2023 2:04:31 PM
Egypt's Suez Canal Authority (SCA) announced an increase in transit fees by 5-15 percent starting as of 15 January 2024, according to a statement by the authority on Monday.
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Business
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Economy
10/12/2023 5:56:14 PM
The Russian government cancelled the project to build an industrial zone in Egypt's Suez Canal Economic Zone (SCZone), Russian news agency RIA Novosti reported on Thursday, citing an official legal document.
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October War: 50 Years
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October War: 50 Years
10/5/2023 6:44:00 PM
Throughout the years, Al-Ahram Weekly has always worked to capture the testimonies and memoirs of those who were there at the front line during the October War fighting to make the aspired Crossing of the Suez Canal a reality.
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Business
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Economy
10/4/2023 10:20:49 PM
Egypt turned a $10.5 billion deficit in its Balance of Payment (BoP) in FY2021/2022 to a surplus of $882 million in FY2022/2023, catapulted by record revenues from tourism and the Suez Canal.
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Business
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Economy
10/4/2023 9:35:25 PM
A consortium led by the General Authority of the Suez Canal Economic Zone (SCZone) has signed a framework agreement with C2X, the green energy arm of Danish logistics titan Maersk, to build a massive green fuel production facility for ships bunkering services to aid Egypt’s decarbonisation efforts.
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October War: 50 Years
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October War: 50 Years
10/4/2023 12:18:00 PM
In October 1973, Egyptian soldiers crossed the Suez Canal, marking the beginning of the end of Israel’s occupation of Sinai and the start of Israel’s long road to normalisation with its nieghbours.
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Business
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Economy
10/3/2023 4:41:04 PM
The Suez Canal Economy Zone (SCZONE) inaugurated Silicon Valley for Electronic Industries (SVEi), the first factory for wearable mobile accessories in Egypt, the Middle East, and Africa in the Sokhna Industrial Zone on Tuesday, according to a statement by the SCZONE on Tuesday.
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Egypt
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Society
10/2/2023 6:11:00 PM
A huge fire consumed the Security Directorate of the Suez Canal governorate of Ismailia early Monday, injuring at least 38 people, authorities said.
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Business
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Economy
10/1/2023 7:52:34 PM
A delegation of 24 Japanese companies has visited the Suez Canal Economic Zone (SCZone) to explore renewable energy investment opportunities with a special focus on green fuel, according to a statement by the zone on Sunday.
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Egypt
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Urban & Transport
9/27/2023 6:12:50 PM
Yachts with a total capacity of less than 300 tons will be exempt from Suez Canal transit fees, as well as berthing fees at the Ismailia Yacht Marina during its trial operation from 15 October until 1 November 2023.
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Al-Ahram Weekly
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Opinion
9/26/2023 8:16:03 PM
Khaled Okasha continues his account of the 1973 October War with the crossing of the Bar Lev Line along the Suez Canal
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Egypt
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Politics
9/26/2023 2:23:00 PM
President Abdel-Fattah El-Sisi said on Tuesday that Egyptian universities need to produce more graduates that satisfy the needs of the modern job market.
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Business
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Economy
9/20/2023 4:02:14 PM
Egypt's Main Development Company for the Suez Canal Economic Zone (SCZONE) signed a contract with Rolling Plus for chemical industries to build a tyre manufacturing plant for passenger cars and light and heavy vehicles with €1 billion ($1.07 billion) investments in Ain Sokhna, read an official statement on Wednesday.
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Business
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Economy
9/14/2023 1:24:52 PM
Egypt's Suez Canal Economic Zone (SCZone) revenues hit a record high of EGP 6.065 billion in FY2022/2023, which ended in June, the SCZone said in a statement on Thursday.
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Business
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Economy
9/13/2023 5:28:12 PM
The Egyptian Cabinet announced in a statement on Wednesday the approval of building a $1 billion steel industrial complex extending 1.5 million square meters in the Suez Canal Economic Zone (SCZone).
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Business
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Economy
9/13/2023 5:05:39 PM
Egypt will begin cleaning and rehabilitating the Kitchener Drain, one of the country’s largest and most-polluted agricultural canals, within months, Minister of Local Development Hesham Amna said on Wednesday.
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