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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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Multimedia
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7/26/2023 6:35:00 PM
The 1869 inauguration of the canal linking the Red Sea to the Mediterranean was hailed as a leap into the modern age. President Gamal Abdel-Nasser’s nationalization of the British and French-run waterway in 1956 is seen as marking Egypt’s decisive break with its colonial past.
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Business
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Economy
7/25/2023 9:03:25 PM
Revenue from the Suez Canal and tourism in Egypt rose by 22.3 percent and 25.7 percent, respectively, during the first nine months of the fiscal year (FY) 2022/2023, while remittances from Egyptian expats dropped over 26 percent, according to a report published by the Central Bank of Egypt (CBE) on Tuesday.
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Business
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Economy
7/24/2023 4:33:29 PM
Japanese manufacturer Torishima is set to build a pump production centre in Egypt's Suez Canal Economic Zone (SCZone) extending over 30,000 square metres with $5 million in investments, read a cabinet statement on Monday.
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Business
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Economy
7/13/2023 6:29:00 PM
The Suez Canal Economic Zone (SCZONE) has signed a series of agreements for investment projects worth $60 million in the China-Egypt TEDA Cooperation Zone and New Administrative Capital, according to a statement on Wednesday.
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Egypt
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Tourism
7/10/2023 11:02:29 PM
Suez Canal Authority (SCA) announced Monday that the increase rate in the number of yachts crossing the canal hit 64 percent in the first half of 2023.
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Egypt
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Urban & Transport
7/10/2023 5:46:38 PM
Egypt’s Suez Canal Economic Zone (SCZone) announced the first successful fueling of a container ship in the Port of Ain Sokhna as the zone launches more fueling service for ships in several ports.
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Egypt
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Urban & Transport
7/2/2023 5:27:03 PM
The Suez Canal Economic Zone (SCZONE) announced the first successful fueling of a container ship in West Port Said port in a statement on Sunday.
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Egypt
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Urban & Transport
7/1/2023 3:44:27 PM
“Fakhr Al-Qanah” floating dry dock crossed the Suez Canal with a 35,000-ton Payload, successfully reaching Port Said Naval Base from South Korea, the Chairman of the Suez Canal Authority (SCA) Osama Rabie announced on Saturday.
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Business
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Economy
6/26/2023 4:49:00 PM
The Suez Canal Authority (SCA) will apply additional transit dues to vessels carrying floating units as of 1 July, according to a circular on Sunday.
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Sports
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Egyptian Football
6/26/2023 12:47:10 PM
Ahly coach Marcel Koller expressed his confusion at the absence of fans after his team secured a narrow 1-0 victory over Suez SC in the Egypt Cup on Sunday.
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Sports
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Egyptian Football
6/25/2023 11:01:10 PM
Just a few hours after penning a new deal, Hussein El-Shahat sent Ahly into the round of 16 of Egypt Cup after scoring the winner against Suez SC 1-0 on Sunday.
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Business
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Markets & Companies
6/24/2023 3:31:16 PM
Bajaj Auto, India's largest manufacturer of two and three-wheel vehicles, has expressed interest in expanding operations in Egypt, as per a press release by the Suez Canal Economic Zone (SCZONE) on Saturday.
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Business
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Economy
6/21/2023 3:06:13 PM
Suez Canal revenue surged by 35 percent to $9.4 billion in FY 2022/23, up from $7 billion the previous year, according to Suez Canal Authority (SCA) Chairman Osama Rabie.
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Business
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Economy
6/20/2023 7:42:21 PM
The Egyptian giant Orascom Industrial Parks signed a $120 million deal with the Indian packaging solutions company Flex Accipto to expand its plant in Sokhna within the Suez Canal Economic Zone (SCZONE).
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Business
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Economy
6/17/2023 9:56:44 AM
United Arab Emirates leader Sheikh Mohamed bin Zayed Al Nahyan probed, in a meeting with Russian President Vladimir Putin on Friday, the possibility of establishing trilateral cooperation with Egypt in the Russian Industrial Zone project located in Egypt’s Suez Canal Economic Zone.
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Business
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Economy
6/8/2023 7:14:02 PM
The Board of Directors of the Suez Canal Economic Zone (SCZone) has approved a series of projects, with international partners, in the fields of manufacturing, green hydrogen, and water desalination, according to a statement on Thursday.
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