Egypt denies rumors about selling Suez Canal to foreign party for 99 years
Egypt’s Suez Canal Authority (SCA) has denied on Friday the rumors circulating about selling the vital waterway to…
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Suez Canal
M/V Glory Ship refloated after running aground in Egypt’s Suez Canal
The M/V Glory Ship has been refloated after running aground in the Suez Canal and briefly disrupting traffic,…
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…
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…