IMF delegation praises Suez Canal as key to global supply chains
A delegation from the International Monetary Fund (IMF) visited the Suez Canal on Monday, emphasising its strategic…
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GREEN DOCK 3 successfully transits Suez Canal in 24-hour operation
The floating dock GREEN DOCK 3, towed by the tugboat Persistence and guided by four additional Suez Canal Authority…
Egypt’s Suez Canal traffic rises in July–October as regional calm returns –…
Navigation activity through Egypt’s Suez Canal improved between July and October 2025, with 4,405 vessels carrying…
US cuts China tariffs to 47%
The United States will cut tariffs on Chinese imports to 47 per cent from 57 per cent under a new agreement that…
Oil rebounds on Monday
Oil prices rebounded on Monday after hitting five-month lows, as hopes of potential U.S.-China talks eased market…
Suez Canal chief, Danish envoy discuss Maersk operations, port expansion
Egypt’s Suez Canal Authority (SCA) Chairman Osama Rabie met on Wednesday with Denmark’s Ambassador to Cairo Lars Bo…
Egypt maintains 4th position among top global frozen vegetable exporters
Egypt held its position as the world’s fourth-largest exporter of steamed, boiled or uncooked frozen vegetables in…
Egypt ranks 3rd globally in dried onion exports in 2024
Egypt became the world’s third-largest exporter of dried onions in 2024, shipping 22,000 tonnes worth $66 million…
Egypt’s FinMin backs global expansion of local pharma sector
Egypt’s Minister of Finance Ahmed Kouchouk highlighted the ministry’s commitment to supporting Egyptian…
Hapag-Lloyd cuts ’25 earnings forecast
Hapag-Lloyd reported a 3.1 per cent drop in first-half net income to €709 million ($829 million) and lowered the…