Egypt’s SCA inks MoU with American Bureau of Shipping to boost green transformation
Egypt's Suez Canal Authority (SCA) has signed a MoU with the American Bureau of Shipping (ABS) to provide a…
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Suez Canal
Egypt’s net foreign reserves surge for third month in row, highest since June 2022
For the third month in a row, Egypt’s net foreign reserves have witnessed an increase, despite paying off $1.5…
2Africa submarine cable lands successfully in Ras Ghareb, Egypt
As part of the 2Africa consortium, Telecom Egypt and Meta announced on Tuesday the success of the first landing of…
EGAS, Shell, 3 other firms to study building LNG bunkering hub in Suez Canal
Egyptian Natural Gas Holding Company (EGAS) signed a letter with Shell Global, Pyramid Navigation, Infinity Solar,…
Egypt receives 4.9 million tourists in H1 – CAPMAS
The number of tourists visiting Egypt has increased by 85.4 percent to 4.9 million during the first half of 2022,…
Egypt’s Suez Canal revenues grow 32.4% in August
Egypt’s revenues from the Suez Canal surged 32.4 percent year-on-year to $744.8 million in August.
Egypt succeeds in refloating Affinity V oil tanker after briefly blocking Suez Canal
Tug boats refloated oil tanker Affinity V that was briefly stranded in Egypt's Suez Canal late on Wednesday due to…
Egypt’s Suez Canal records highest daily traffic rate of 89 ships
Egypt’s Suez Canal recorded on Saturday the highest daily transit rate of transiting ships from both sides with 89…
Egypt establishes independent fund for Suez Canal
Egyptian Cabinet has approved to establish a separate fund to manage Suez Canal’s revenues, as its headquarters…
Suez Canal sees record monthly revenue in July
Egypt’s Suez Canal recorded its highest monthly revenues to date in July to $704 million, reaping $629 million in…