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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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Sports
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National Teams
9/7/2023 9:38:25 PM
Egypt U-23 team were held to a 1-1 draw by their Russian counterparts in a friendly game at Suez Stadium on Thursday.
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Egypt
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Urban & Transport
9/3/2023 6:45:14 PM
Egypt will receive the first regional train for the first line of its high-speed electric railway in the second half of October, with the remaining trains arriving later as per schedule, Minister of Transport Kamel El-Wazir said on Sunday.
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Business
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Economy
8/27/2023 10:51:34 PM
Egypt Cady Textile Company started the construction of a 145,500-square-meter eco-friendly clothing and textile factory in the TEDA-Egypt zone within the Suez Canal Economic Zone (SCZone) on Sunday, according to a Cabinet statement.
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Egypt
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Urban & Transport
8/23/2023 5:52:00 PM
Navigation resumed normally in both directions of the Suez Canal on Wednesday after a ‘sight contact’ took place between two vessels while transiting the canal during the early hours in the morning, the Suez Canal Authority (SCA) announced.
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Business
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Energy
8/22/2023 2:00:04 PM
Cairo-based Cheiron Petroleum Corporation announced a new oil discovery in Egypt's Geisum and Tawila West Concession in the Gulf of Suez, according to a statement by the Ministry of Petroleum and Mineral Resources on Tuesday.
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World
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Region
8/20/2023 8:35:45 PM
An American-owned oil tanker long suspected of carrying sanctioned Iranian crude oil offloaded its cargo near Texas on Sunday, tracking data showed, even as Tehran has threatened to target shipping in the Persian Gulf over it.
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Egypt
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Society
8/20/2023 2:57:52 PM
The Egyptian Metrological Authority (EMA) forecasted on Saturday that rain would continue to dominate the South Sinai and Red Sea highlands in Halayeb, Shalateen, and Marsa Alam on Sunday and Monday along with maritime disturbances on the Suez city coast at that time.
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Al-Ahram Weekly
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Egypt
8/18/2023 7:03:00 PM
The higher volume of vessels transiting through the Suez Canal is ideal for the growth of the logistics industry.
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Egypt
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Politics
8/13/2023 9:35:38 PM
Egyptian President Abdel-Fattah El-Sisi has reappointed Lieutenant General Osama Rabie as the Chairman of the Suez Canal Authority (SCA) for another one-year term, effective Saturday 12 August.
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Al-Ahram Weekly
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Egypt
8/9/2023 9:05:00 PM
On the eighth anniversary of the opening of the New Suez Canal, the international waterway is realising record earnings.
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Business
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Economy
8/9/2023 5:52:16 PM
The Egyptian government has signed a preliminary agreement with the Indian renewable energy company Ocior to invest $4 billion in green hydrogen projects in the Suez Canal Economic Zone (SCZone).
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Egypt
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Urban & Transport
8/8/2023 10:38:53 PM
The Suez Canal Authority (SCA) announced on Tuesday the successful recovery of the sunken tugboat ‘Fahd’, while ensuring navigation operations remained unaffected by the recovery efforts.
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Egypt
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Urban & Transport
8/6/2023 6:19:21 PM
Egypt celebrated on Sunday the 8th anniversary of the New Suez Canal, recording a 55.1 percent increase in canal traffic between the fiscal year 2013/14 and 2022/23 and a 77.4 percent increase in revenue from $5.3 billion to $9.4 billion.
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Egypt
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Urban & Transport
8/6/2023 5:43:06 PM
Work is still underway to recover a tugboat that sank after colliding with the LPG tanker China Gas Legend in the Suez Canal on Saturday, Chairman of the Suez Canal Authority (SCA) Osama Rabie said on Sunday afternoon.
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Egypt
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Urban & Transport
8/6/2023 11:23:00 AM
One crewmember had died after their tugboat sank following a collision with the LPG tanker China Gas Legend in the Suez Canal, Chairman of the Suez Canal Authority (SCA) Osama Rabie said on Saturday.
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Business
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Economy
8/3/2023 10:06:45 PM
The Suez Canal Economic Zone (SCZone) will launch an investment company named SCZone Istithmar Company after receiving approval from the Egyptian Cabinet, according to an official statement released by SCZone on Thursday.
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Egypt
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Urban & Transport
7/26/2023 7:36:23 PM
1.71 million ships carrying 32 billion tons of goods have transited the Suez Canal since nationalization on 26 July 1956, Chairman of the Suez Canal Authority (SCA) Osama Rabie said on Wednesday.
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