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Suez Canal revenues hit USD 6.1 bn so far this year
Suez Canal revenues are up 13% y-o-y, rising to USD 6.1 bn YTD, Suez Canal Authority boss Osama Rabie said,…
Egypt economy grows at fastest pace in 2 decades in 1Q
Egypt’s economy grew at its quickest pace in two decades in 1Q 2021-2022, as it continued to rebound from last…
A shot in the arm for our energy hub ambitions?
A flurry of regional and international energy news out yesterday could give Egypt a chance to boost its regional energy…
Here we go again
Apparently we’re still not over the whole Ever Given thing: The National Navigational Company has filed a lawsuit in a…
Last Night’s Talk Shows on day 2 of our strategic talks with the US + the Suez Canal upping its transit fee
Once again last night’s talk shows were all about the US-Egypt strategic talks: There’s more on that front in this…
Suez Canal continues clawing back pandemic price cuts
Suez Canal transit fees are set to increase by 6% for most ships starting February 2022, as the Suez Canal…
GASC buys 360k tonnes of wheat + Suez canal revenues up 12.6% so far this year
The General Authority for Supply Commodities (GASC) purchased 360k tonnes of wheat from Russia, Romania and Ukraine for shipment between…
Suez Canal Authority to reduce discount for LNG carriers
LNG carriers crossing the Suez Canal will only be getting a 15% cut to transit fees starting 1 November, down…
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