Search results
2 days ago · President Abdel-Fattah El-Sisi said on Monday that the revenue from the Suez Canal has dropped 40-50 percent this year, alluding to the effect of Houthi attacks on shipping in the Red Sea.
3 days ago · Maait confirmed that the increase in public expenditures has accompanied the decline in Suez Canal revenues. The minister explained that the state treasury faces additional burdens, including higher financing costs driven by rising interest rates and exchange rate changes.
3 days ago · In a statement issued by the Egyptian Cabinet, Walid Gamal El-Din, chairman of the General Authority for the Suez Canal Economic Zone, revealed that out of the 144 projects in its industrial...
5 days ago · President Abdel Fattah El-Sisi witnessed Thursday the opening of the Suez Canal Authority’s (SCA) Olympic Village in Ismailia and the inauguration of new maritime units of the SCA.
5 days ago · Egypt Independent May 18, 2024. The Suez Canal Economic Zone (SCZone) in two years has successfully attracted 128 projects worth six billion dollars, of which Chinese investments represent 40 percent.
5 days ago · The head of Egypt's Suez Canal Authority Mohab Mamish is set to sign a contract on Thursday with UAE-based DP World, one of the world's largest port operators, to set up a new a joint venture company to develop the planned economic zone near the Suez Canal, Al-Ahram daily reported on Thursday.
4 days ago · The report by the Ministry of Planning and Economic Development also highlighted the current status indicators for FY 2022/23 in the Suez Canal sector, with 25,911 ships passing through the canal, carrying 1,526.9 million tons of cargo, and generating EGP 245.8bn in revenue. © 2024 Daily News Egypt.
