A container ship that broke down in Egypt’s Suez Canal late Sunday leading to the diversion of …
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Egypt’s Suez Canal
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt denies rumors about selling Suez Canal to foreign party for 99 years
by Nada Aliby Nada AliEgypt’s Suez Canal Authority (SCA) has denied on Friday the rumors circulating about selling the vital waterway …
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Egypt NewsFeatureIndustry & TradeInternational NewsNewsTech/AI
M/V Glory Ship refloated after running aground in Egypt’s Suez Canal
by Yomna Yasserby Yomna YasserThe M/V Glory Ship has been refloated after running aground in the Suez Canal and briefly disrupting …
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Egypt NewsFeatureIndustry & TradeMoneyNewsTech/AI
Egypt’s Suez Canal makes record revenues of $7.9bn in 2022
by Nada Aliby Nada AliEgypt’s Suez Canal has registered a record-breaking revenue of $7.932 billion in 2022 up from $6.333 billion …
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Egypt NewsFeatureMoneyNewsTech/AI
UAE’s NMDC wins $272 million Suez Canal dredging job
by Nada Aliby Nada AliUAE’s National Marine Dredging Co. (NMDC) has won a contract worth AED 1 billion ($272 million) for …
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Egypt NewsNewsTech news
Egypt launches new maritime cable Red2Med – minister
by Nada Aliby Nada AliEgypt’s Ministry of Communications and Information Technology has inaugurated on Wednesday a new fully owned cable of …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt’s Suez Canal revenues grow 32.4% in August
by Sanaa Allamby Sanaa AllamEgypt’s revenues from the Suez Canal surged 32.4 percent year-on-year to $744.8 million in August.
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Egypt NewsFeatureIndustry & TradeInternational NewsNewsTech/AI
Egypt succeeds in refloating Affinity V oil tanker after briefly blocking Suez Canal
by Yomna Yasserby Yomna YasserTug boats refloated oil tanker Affinity V that was briefly stranded in Egypt’s Suez Canal late on …
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Egypt NewsFeatureMoney
Egypt’s SCA, Maersk International sign a $500 million deal to develop SCCT
by Nada Aliby Nada AliEgypt’s Suez Canal Authority (SCA) and Maersk International Group sign a $500 million deal to develop the …
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Egypt NewsIndustry & TradeNews
Egypt’s Suez Canal records highest daily traffic rate of 89 ships
by Nada Aliby Nada AliEgypt’s Suez Canal recorded on Saturday the highest daily transit rate of transiting ships from both sides …