{"id":681293,"date":"2026-01-15T00:00:00","date_gmt":"2026-01-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2026\/01\/15\/its-business-as-usual-in-the-suez-canal\/"},"modified":"2026-01-15T00:00:00","modified_gmt":"2026-01-15T00:00:00","slug":"its-business-as-usual-in-the-suez-canal","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/01\/15\/its-business-as-usual-in-the-suez-canal\/","title":{"rendered":"It\u2019s business as usual in the Suez Canal"},"content":{"rendered":"<p class=\"tag-border-left\">SCA\u2019s rapid-response PR masks a quiet day for Suez traffic<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The Suez Canal Authority (SCA) moved quickly yesterday to reassure markets following the precautionary grounding of a cargo vessel. <\/strong>A cargo carrier named the Fener was \u201cgrounded \u2026 outside the Canal\u2019s navigation channel\u201d in a waiting area after taking on cargo at East Port Saido port. <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/SuezCanalAuthorityEG\/posts\/pfbid02zTGAdhyqqfLHhpCEzp4Q116qp6y6schgaboc1cCbYix26gCu8JYd7Ct8xME8j7pEl\" style=\"\" rel=\"noopener\">The SCA said<\/a> the ship\u2019s captain sought permission to ground the vessel after it developed a hole in one of its compartments and started taking on water. The SCA is understandably sensitive to minor maritime glitches after the Ever Given fiasco in 2021.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Acrow Misr moves forward with its voluntary EGX delisting <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sc<\/strong><strong>affolding and formwork manufacturer Acrow Misr has filed for approval to delist its <\/strong><strong>shares from the EGX<\/strong> after getting the green light from the company's general assembly, according to a <a target=\"_blank\" href=\"https:\/\/www.egx.com.eg\/en\/NewsDetails.aspx?NewsID=282167\" style=\"\" rel=\"noopener\">sta<\/a><a target=\"_blank\" href=\"https:\/\/www.egx.com.eg\/en\/NewsDetails.aspx?NewsID=282167\" style=\"\" rel=\"noopener\">tement<\/a> from the EGX. The company\u2019s board first approved the voluntary delisting in <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/10\/bis-flags-bubble-like-conditions-in-gold-us-equities\/\" style=\"\" rel=\"noopener\">December<\/a>, giving shareholders who choose to exit after the company\u2019s delisting the option to have their shares repurchased at EGP 129.29 each \u2014 higher than the <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/27\/nvidias-earnings-out-later-today-could-make-or-break-the-ai-trade\/?repeat=w3tc\" style=\"\" rel=\"noopener\">EGP 100 per share<\/a> maximum price it previously set to finance the buyout.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>(** Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS- Acrow Misr moves forward with its voluntary EGX delisting<\/p>\n","protected":false},"author":1,"featured_media":681294,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,8515,68,72,145,8835,7103,133],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-681293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-capital-markers","tag-egx","tag-enterpriseam","tag-logistics","tag-maritime","tag-suez-canal","tag-suez-canal-authority","wpautop","entry"],"acf":{"mongo_id":"1be731bc-d8c9-4e55-bc57-f02931a9d44f","order":"11","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/1\/499.jpg","photo_position":"above","homepage_title":"","full_issue_title":"It\u2019s business as usual in the Suez Canal","related_issue":[681276],"teaser":"PLUS- Acrow Misr moves forward with its voluntary EGX delisting"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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