Suez Canal revenues climb 35% to $9.4 bln in FY2022/23
Suez Canal revenues hit a record $9.4 billion, or 35 percent, during 2022–2023, compared to $7 billion during…
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Suez Canal
Suez Canal records $50.9bln revenues in 10 years
Egypt's Suez Canal recorded the highest revenues in a decade in its history, reaching $50.9 billion in the period…
World Bank forecasts 4% growth in Egypt’s GDP
The World Bank (WB) has predicted Egypt’s gross domestic product (GDP) to grow by four percent in fiscal years…
Greek V.group inks deal to recycle solid, liquid waste in Suez Canal
Egypt’s Suez Canal Authority and the Greek V" group of companies have signed on Monday to provide solid and liquid…
MSC ISTANBUL container ship refloated after running aground in Suez Canal
A container ship that broke down in Egypt’s Suez Canal late Sunday leading to the diversion of some traffic has…
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…
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…
