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Business
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Economy
6/5/2023 1:44:33 PM
Suez Canal Economic Zone (SCZONE) announced on Monday inking a contract to establish a factory affiliated with Abdos Labtech Indian company that specialized in manufacturing plastic products used in labs.
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Egypt
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Urban & Transport
6/4/2023 2:26:00 PM
Traffic in the Suez Canal has returned to normal after tugboats managed to tow away the Malta-flagged SEAVIGOUR oil tanker that broke down in the canal on Sunday, disrupting traffic in one of the busiest maritime trade routes.
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Egypt
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Urban & Transport
6/2/2023 4:34:21 PM
Navigation in Egypt's Suez Canal was unaffected on Thursday despite the strong winds and sandstorms that hit the country, Chairman of the Suez Canal Authority (SCA) Osama Rabie said on Friday.
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Business
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Economy
5/31/2023 2:03:35 PM
Egypt's Minister of Planning and Economic Development, Hala El-Said, announced Tuesday in the Senate that the government aims to collect $83 billion in foreign currencies during FY 2023/24 through four streams, according to an official statement.
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Business
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Markets & Companies
5/25/2023 6:51:22 PM
Shanghai Shengda, a Chinese company specializing in the production of ready-to-wear clothing and accessories, signed a letter of intent, which was handed to the Chairman of the Suez Canal Economic Zone (SCZone) Walid Gamal El-Din, to establish a factory in Egypt worth $20 million.
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Business
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Economy
5/25/2023 4:01:49 PM
Two Chinese companies presented an offer to the Egyptian government to launch a $300 million steel complex at the Suez Canal Economic Zone (SCZone), according to a statement on Wednesday.
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Egypt
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Urban & Transport
5/25/2023 12:54:05 PM
Egyptian authorities have successfully refloated and towed Xin Hai Tong 23, a Hong Kong general cargo vessel, after it had suffered engine failure while transiting through the Suez Canal earlier on Thursday.
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Business
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Economy
5/22/2023 10:28:31 PM
Chairman of the General Authority for the Suez Canal Economic Zone (SCZone), Walid Gamal El-Din, stressed that the zone provides direct and indirect incentives for investors to operate in the country.
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Egypt
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Urban & Transport
5/8/2023 2:17:59 PM
Egypt said it is exempting the ship that will be involved in the salvage operation of the FSO Safer oil supertanker off the Yemeni coast on the Red Sea from transit fees charged for navigating through the Suez Canal.
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Egypt
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Urban & Transport
4/13/2023 7:32:51 PM
Up to 88 percent of the planned dredging works to expand and deepen the Suez Canal as part of Egypt’s plan to develop the canal's southern sector has been completed, Osama Rabie, chairman of the Suez Canal Authority said on Thursday.
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Business
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Economy
4/12/2023 10:49:57 PM
The Ministry of Environment signed a cooperation agreement with the Suez Canal Economic Zone (SCZone) to finance environmental projects for companies in the zone, according to a statement released by the ministry on Tuesday.
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Egypt
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Urban & Transport
4/11/2023 10:52:35 PM
Suez Canal revenues hit a record $2.3 billion in Q1 of 2023, according to figures released by the Suez Canal Authority (SCA) on Tuesday.
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Business
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Tech
4/9/2023 11:32:00 PM
Walid Gamal El-Din, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), witnessed the unveiling of the cornerstone for the Indian Flex-Egypt factory project, with $110 million investments, in Ain Sokhna, according to an official statement on Sunday.
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Egypt
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Urban & Transport
4/5/2023 12:04:34 AM
Navigation in the Suez Canal remains unaffected after a minor collision between two tanker ships in the Great Bitter Lake region on Tuesday, the chairman of the Suez Canal Authority (SCA), Osama Rabie confirmed.
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Business
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Economy
3/23/2023 6:53:36 PM
China’s Xinxing Ductile Iron Pipes Corporation is set to invest $2 billion to establish a cast iron pipes and steel production project at China-Egypt TEDA cooperation zone within Egypt’s Suez Canal Economic Zone (SCZONE), a statement by the cabinet stated on Thursday.
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Business
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Markets & Companies
3/22/2023 7:07:00 PM
Egypt’s Suez Canal Economic Zone (SCZONE) has approved several partnership projects with Abu Dhabi Ports Group, with investments worth hundreds of millions of pounds to be implemented within the zone.
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Egypt
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Urban & Transport
3/20/2023 4:31:19 PM
Egypt’s Suez Canal Authority (SCA) signed on Monday an agreement with leading ship management group, Greek V, and Egyptian-Greek businessman Eric Adam to establish a company for solid and liquid waste management.
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Business
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Economy
3/17/2023 2:34:22 PM
Egypt’s Prime Minister Mostafa Madbouly witnessed the inauguration of a number of industrial mega projects in the Suez Canal Economic Zone (SCZone) carried out by the private sector, the cabinet announced on Thursday.
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Business
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Economy
3/15/2023 9:26:58 PM
Egypt signed on Wednesday two commitment agreements worth $1.6 billion with international consortiums on the establishment of the superstructure, management, operation, exploitation, maintenance, and handing over of the container terminals at Ain Sokhna and Dekheila ports, the Cabinet said in a statement.
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Arts & Culture
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Screens
3/15/2023 1:47:18 PM
The Ismailia International Film Festival for Documentaries and Shorts (IIFF) launched on Tuesday its 24th edition in the Suez Canal city of Ismailia.
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