Browsing Category
Tech/AI
Egypt’s Cabinet grants golden licence for ASP’s silicon facility
Egypt’s Cabinet on Wednesday approved a golden licence for the Alamein for Silicon Products (ASP) to establish and…
Suez Canal Chairman Osama Rabie first-time entrant on Lloyd’s top 100 list
For the first time, Lloyd’s List has included Suez Canal Authority Chairman Osama Rabie in its annual One Hundred…
Suez Canal Economic Zone breaks ground on China’s $70m Xinmin glass factory
The Suez Canal Economic Zone Authority held a groundbreaking ceremony on Wednesday for China’s Xinmin Glass factory…
Egypt’s Cabinet greenlights Gabal El-Zeit wind project to expand private sector ownership
Egypt’s Cabinet, chaired by Prime Minister Moustafa Madbouly, approved on Wednesday the continuation of the tender…
Egypt seals settlement with South Valley Cement to clear investment backlog
Egypt signed a settlement agreement on Tuesday with South Valley Cement Company aimed at closing long-running…
Egypt’s SCZONE signs $7m deal for first local smart-lock factory
Egypt’s Suez Canal Economic Zone (SCZONE) on Monday signed a contract with an alliance between Italy’s Mi-Fra and…
Egypt’s PM inaugurates Leoni automotive wiring harnesses factory in Badr City
Egyptian Prime Minister Moustafa Madbouly inaugurated a new factory for Leoni, a German cable and harness maker…
Egypt exports 150,000 m3 LNG cargo to Türkiye via Shell
Egypt has exported a 150,000-cubic-metre liquefied natural gas (LNG) cargo from the Idku plant to Türkiye on behalf…
Egypt’s Delta North El-Basant–1 drilling operation successful, yields 10 MMcf/d
Egypt has successfully drilled the North El-Basant-1 exploratory well in the Delta, producing around 10 million…
Suez Canal revenues forecast to hit $10b by FY2027/2028 – chairman
Egypt’s Suez Canal Authority expects revenues of $8 billion in 2026/27 and $10 billion in 2027/28, Chairman Osama…