URGENT: Egypt’s GDP growth hits 5.3% in Q1
Egypt’s GDP grew 5.3 per cent in the first quarter of the 2025/2026 fiscal year, up from 3.5 per cent in the same…
Browsing Tag
Suez Canal
Maersk to resume Suez Canal transits in early December after strategic deal
A.P. Moller-Maersk will begin sending container vessels through the Suez Canal again in early December under a…
SCZONE attracts $21.1b in 10 years
Egypt's Suez Canal Economic Zone Authority (SCZONE) has attracted a total of $21.1 billion in investments over the…
Egypt’s Suez Canal sees return of ultra-large ships
The giant container ship CMA CGM JULES VERNE successfully transited Egypt’s Suez Canal on Saturday, marking the…
Egypt’s Suez Canal raises navigation safety by 28% with dual-lane expansion –…
Egypt’s Suez Canal has improved navigation safety by 28 per cent and expanded dual-lane areas in the southern…
Giant CMA CGM ship transits Suez Canal, signaling return of megavessels
The Suez Canal on Saturday welcomed the passage of the CMA CGM BENJAMIN FRANKLIN, the largest container ship to…
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…
Egypt advances creditworthiness, investment strategy – Minister El-Khatib tells…
Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, met with Fitch Ratings officials to review the…
Suez Canal revenues drop 45.5% in FY 2024/2025 – CBE
Egypt's Suez Canal revenues dropped 45.5 per cent to $3.6 billion during fiscal year 2024/2025, compared to $6.6…
Egypt’s current account deficit narrows 25.9% in FY 2024/2025 – CBE
Egypt’s current account deficit narrowed by 25.9 per cent in the 2024/2025 fiscal year, supported by a surge in…