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Suez receipts rise in April following Ever Given debacle
Suez Canal revenues rose almost 16% y-o-y in April, coming in at USD 551.5 mn from the USD 476.2 mn…
THIS MORNING: Court rulings on Ever Given coming today + two jabs give good protection against Indian covid-19 strain
Good morning, wonderful people, and welcome to the last full week of May as we continue our post-Ramadan sprint to…
Shoei Kisen submits second appeal against Ever Given seizure
A new appeal from Ever Given owner Shoei Kisen will be on the agenda for an Ismailia court this Saturday,…
Big plans for railway manufacturing in the SCZone
Four foreign companies have bid to partner on a facility that will produce rail cars in the Suez Canal Economic…
No repeat of the Ever Given?
Dredging work to expand the New Canal and the southern stretch of the waterway began yesterday, the Suez Canal Authority…
About those Russian flights …
The resumption of Russian flights to Egypt’s Red Sea resort towns may be further away than previously thought after Moscow…
The Suez Canal is back in “build” mode
The southern stretch of the Suez Canal (yes, the one where the Ever Given got stuck) will see deepening and…
SME fund lands EGP 280 mn in commitments from local banks
Catalyst Partners has secured EGP 280 mn in commitments from local banks for an EGP 500 mn SME investment fund…
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