Suez canal

SCZone signs agreement establishing Mercedes logistic center in Ain Sokhna
Business

SCZone signs agreement establishing Mercedes logistic center in Ain Sokhna

The Suez Canal Economic Zone (SCZone) signed a contract with Mercedes-Benz on Sunday morning to establish a logistics center in…
Egypt’s Suez canal records record revenues during 2020/ 21
Business

Egypt’s Suez canal records record revenues during 2020/ 21

Head of the Suez Canal Authority in Egypt Osama Rabie said that during the 2020/2021 fiscal year, the canal collected…
Egypt invests $7.5 bln in largest petrochemical project in Africa
Egypt

Egypt invests $7.5 bln in largest petrochemical project in Africa

President Abdel Fattah al-Sisi was briefed in a meeting on the details of a national project to be established in…
Suez Canal releases hulking vessel after settlement deal
Egypt

Suez Canal releases hulking vessel after settlement deal

Egyptian authorities announced the release Wednesday of a hulking shipping vessel that had blocked the Suez Canal for nearly a…
Egypt ends impounding of ship that got stuck in Suez Canal
Egypt

Egypt ends impounding of ship that got stuck in Suez Canal

CAIRO (AP) — An Egyptian court on Tuesday lifted a three-month long judicial seizure of a hulking shipping vessel that…
Early agreement reached in dispute over Suez Canal ship
Egypt

Early agreement reached in dispute over Suez Canal ship

CAIRO (AP) — The owners and insurers of the giant container ship that blocked the Suez Canal for nearly a…
Mid East’s largest dredger to join Suez Canal fleet
Egypt

Mid East’s largest dredger to join Suez Canal fleet

The Egyptian Ministry of Foreign Affairs announced on Thursday that the Field Marshal Hussein Tantawi dredger, the largest in the…
Sisi affirms hard stance on preserving Egypt’s water rights
Egypt

Sisi affirms hard stance on preserving Egypt’s water rights

President Abdel Fattah al-Sisi affirmed, during a speech on Tuesday, that preserving Egypt’s water rights is something that cannot be…
Egypt court supports seizure of Ever Given in Suez Canal
Egypt

Egypt court supports seizure of Ever Given in Suez Canal

The Egyptian Economic Court in Ismailia on Tuesday rejected a grievance submitted by the owner of the “Ever Given” vessel,…
Suez Canal Authority detains Ever Given ship amid compensation negotiations
Egypt

Suez Canal Authority detains Ever Given ship amid compensation negotiations

An anonymous source in the Suez Canal Authority told Reuters that an Egyptian court has issued an order to detain…
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