Brace for acute devaluation of Egyptian pound, say economists
Egypt will allow a sharp devaluation of its currency in the first half of this year as it has run out of options…
Browsing Tag
Suez Canal
Egypt, Russia, UAE to sign deal on joint investment fund tomorrow
Egypt, Russia, and UAE will sign in Cairo Tuesday an agreement to establish a tripartite investment fund, Egyptian…
Saudi firm to develop 5Km in Suez Canal region
Egyptian General Authority for Suez Canal Economic Zone has received an offer from one of the Saudi firms to…
China’s TEDA to complete Suez Canal economic zone Phase I late 2016
Chinese TEDA Investment Group is planning to complete developing the first phase of 6 sqkm North West Gulf of Suez…
Egypt’s Suez Canal saw more ships, less US-dollar revenues in 2015
Despite seeing an increase in traffic, Egypt’s Suez Canal saw a drop in revenues in 2015, registering $5.17…
Egypt to reopen Suez Canal bridge after two-year closure
Egypt is set to open Al-Salam Bridge, which crosses over the Suez Canal, following a two-year closure since…
Panama leads vessels passing through Suez Canal: statistics
Panamanian vessels topped the list of the clients passing through Egypt’s Suez Canal in the past 11 months. The…
Suez Canal revenue drops to $408.4 million in November
Egypt's Suez Canal revenue fell in November to $408.4 million from $449.2 million in October, data on the Suez…
Suez Canal’s revenue falls to $408.4 mln in November
Egypt's Suez Canal revenue dropped in November to $408.4 million from $449.2 million in October, data on the Suez…
Sisi names Mubarak-era minister head of the Suez Canal’s economic zone
Egyptian President Abdel-Fattah al-Sisi appointed on Saturday former minister Ahmed Darwish the head of the Suez…
