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Egypt begins trial operations on Suez Canal highway
The Housing Ministry has begun trial operations on a newly constructed highway running parallel to the Suez Canal, reports the…
USD 3 bn in Chinese financing for Egypt as El Sisi deepens ties with China at Belt and Road Forum in Beijing
USD 3 bn in fresh financing for Egypt as El Sisi deepens ties with China at Belt and Road Forum…
Egyptian Iron and Steel Company to consider tender from Russia’s MetProm
The Egyptian Iron and Steel Company is considering an offer from Russian company MetProm in a tender to help the…
Suez Canal Authority denies FinMin to pay off USD 600 mn in debt
The Suez Canal Authority denied it has reached an agreement with the Finance Ministry to pay off USD 600 mn…
Shipping lines ask for cheaper fees to return to East Port Said Port
Shipping lines that have withdrawn from East Port Said Port since 2017 have asked for a new fixed-fees system for…
Suez Canal Authority signs agreement to purchase two vessels
The Suez Canal Authority has signed an agreement to purchase two new towage vessels with a tow capability of 70…
Teda to invest USD 320 mn in Suez Canal development projects
The Teda Investment company has signed agreements with a consortium of eight other investment firms to offer USD 320 mn…
Suez Canal Authority agrees with FinMin to pay off debts to state-owned banks
The Suez Canal Authority (SCA) has reportedly reached an agreement with the Finance Ministry that will see the ministry paying…
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