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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…
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Shipping lines that have withdrawn from East Port Said Port since 2017 have asked for a new fixed-fees system for…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 revenues rise for the month of January
Suez Canal revenues rose to USD 468.7 mn in January 2019, up from USD 451.9 mn in January of last…
Egypt, Romania sign four business, investment agreements
Egypt, Romania sign business, investment agreements: Investment Minister Sahar Nasr and Romanian Business Minister Ștefan-Radu Oprea signed four investment and…
Suez Canal Authority considering up to 60% discounts for ships
The Suez Canal Authority is considering offering 30-60% discounts on fees in six ports in an attempt to draw more…
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