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Egypt
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Urban & Transport
1/21/2026 3:45:17 PM
The Suez Canal Authority (SCA) announced an 18.5 percent jump in revenues during the first half of fiscal year 2025/2026, signaling a rebound in traffic through the critical waterway as security conditions stabilize in the Red Sea region.
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Business
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Markets & Companies
1/20/2026 5:23:00 PM
The General Authority for the Suez Canal Economic Zone (SCZone) has signed an agreement with Turkish group Eroğlu Global Holding to establish a $175 million cardboard and packaging factory in Qantara West Industrial Zone.
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Business
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Economy
1/18/2026 8:26:53 PM
Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE) Walid Gamal El-Din met on Sunday with a high-level South Korean delegation, led by Minister of Trade, Industry and Energy Yeo Han-koo, to discuss prospects for expanding investment cooperation in a number of priority industrial sectors.
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Egypt
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Urban & Transport
1/18/2026 5:19:45 PM
Suez Canal revenues are expected to improve further in the second half of 2026, as some shipping lines are set to return to normal operating levels by the end of the year, Suez Canal Authority (SCA) Chairman Ossama Rabiee said on Sunday.
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Egypt
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Urban & Transport
1/14/2026 11:57:38 AM
The Suez Canal Authority (SCA) said Wednesday that it successfully rescued all crew members of the cargo vessel FENER after the ship began listing dangerously and risked sinking while waiting outside the canal’s navigation channel off the Mediterranean coast near Port Said.
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Egypt
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Urban & Transport
1/13/2026 8:37:25 PM
Navigation through the Suez Canal is proceeding normally in both directions and has not been affected by the grounding of the general cargo vessel FENER, Suez Canal Authority (SCA) Chairman Osama Rabie said on Tuesday.
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Business
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Economy
1/13/2026 5:24:01 PM
Danish shipping giant Maersk has completed another trial transit through the Bab Al-Mandab Strait and into the Red Sea, signalling cautious steps toward a possible return to the Suez Canal after more than a year of widespread disruptions.
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Business
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Economy
1/11/2026 5:04:06 PM
The Ministry of Electricity and Renewable Energy and the General Authority for Suez Canal Economic Zone (SCZone) have signed two agreements worth over $1.8 billion in investments for renewable energy and energy storage, aimed at enhancing the reliability of the national electricity grid, a cabinet statement said on Sunday.
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Business
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Markets & Companies
1/5/2026 6:13:45 PM
The Suez Canal Economic Zone (SCZone) has signed a $5.6 million agreement with Turkish garment maker Eroglu Moda Tekstil to establish a ready-made garments factory in the Qantara West Industrial Zone, the authority said on Monday.
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Business
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Markets & Companies
12/24/2025 2:13:00 PM
Industrial developer TEDA Egypt has signed agreements with three Chinese firms for three industrial complexes worth a total of $1.15 billion in investments, for polyester fiber, tires, and health products manufacturing in the Suez Canal Economic Zone’s (SCZone).
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Egypt
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Urban & Transport
12/23/2025 9:19:26 PM
French shipping giant CMA CGM has returned to full transits through the Suez Canal, ending two years of reduced activity on the strategic waterway.
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Business
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Economy
12/22/2025 8:31:09 PM
Egypt’s Suez Canal Economic Zone (SCZone) has signed a contract to build a large prefabricated industrial complex in Qantara West, as part of efforts to expand manufacturing capacity and attract new investors, the zone said on Monday.
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Egypt
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Urban & Transport
12/20/2025 3:09:29 PM
Maersk has completed an initial container ship transit through the Red Sea and the Bab Al-Mandeb Strait, a step in the gradual return to the Suez Canal after nearly two years of widespread shipping disruptions.
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Business
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Markets & Companies
12/16/2025 5:22:53 PM
Egypt has launched construction of a $220 million vaccine and pharmaceutical manufacturing complex in the Suez Canal Economic Zone (SCZone), in a move aimed at expanding domestic vaccine production and boosting exports to African and regional markets.
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Business
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Markets & Companies
12/11/2025 12:20:00 PM
Xinmin Glass Egypt has broken ground on a $70 million glassware plant in the Ain Sokhna 360 industrial city, part of the Suez Canal Economic Zone (SCZone).
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Business
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Markets & Companies
12/9/2025 2:35:49 PM
Egypt’s Main Development Company (MDC) and Italy’s Masae Company for Metal Industry (MIFRA) have signed an agreement to build a $7 million (EGP 333 million) factory in the Suez Canal Economic Zone’s (SCZone) Ain Sokhna district.
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Business
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Economy
12/8/2025 4:32:33 PM
The Suez Canal’s advanced maritime and logistics services play a key role in supporting global supply chain stability, Ivana Vladkova Hollar, head of the visiting International Monetary Fund (IMF) mission in Egypt, said during a meeting with the Suez Canal Authority (SCA), according to a statement by the Egyptian Cabinet on Monday.
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Egypt
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Foreign Affairs
12/8/2025 12:46:48 PM
Pakistan’s Ambassador to Egypt Aamir Shouket said on Monday that Islamabad has welcomed Egypt’s proposal to connect Gwadar to the Suez Canal and the Suez Canal Economic Zone (SCZone) as part of a potential Egypt–Pakistan strategic economic corridor.
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Egypt
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Urban & Transport
12/7/2025 6:51:06 PM
The Suez Canal Authority (SCA) announced on Sunday the successful transit of the massive floating dock GREEN DOCK 3, which was towed through the canal as part of the southbound convoy on its journey from Indonesia to Turkey.
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Business
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Economy
12/6/2025 9:29:13 PM
Chairman of the General Authority for Suez Canal Economic Zone (SCZone) Walid Gamal El-Din along with his accompanying delegation concluded on Saturday a US promotional tour, conducting several meetings with leading American companies.
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