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Maersk could resume Suez Canal transits
Good afternoon, wonderful people, and welcome to the almost-weekend. Today’s light issue brings news of efforts to jumpstart Suez Canal…
Suez Canal introduces 15% reduction on transit fee
PLUS- Eva Pharma to bring Saudi drug factories online next year
Two projects worth USD 210 mn go live in Ain Sokhna
The projects will produce ductile iron pipes and tissue paper
Hassan Allam wants to list its SPAC
PLUS- SODIC will develop a 1k feddan-plot in West Cairo
A look at East Port Said Port development plans
The government wants to position the port as a major hub for transshipment
AD Ports signs 50-year agreement to develop Kezad East Port Said Zone
Construction is expected to kick off by the end of 2025
China’s Xin Feng breaks ground on USD 1.7 bn Sokhna industrial complex
The project’s first phase will be operational early as 2027
Trump’s demand that US ships pass Suez Canal without charge sparked condemnation across the airwaves
The Suez Canal “is a national symbol that is not up for negotiation,” said retired army general and strategic affairs…
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