Friday 22 Nov

Suez Canal

Suez Canal Authority supports Chinese automaker's investment
2024/09/24

Suez Canal Authority supports Chinese automaker's investment

Walid Gamal El-Din, Chairman of the Suez Canal Economic Authority, convened a meeting with Yuan Wusheng, President of Dayun Guangzhou Automotive Manufacturing Company, at the...

$30 million chemical plant breaks ground in Sokhna
2024/09/22

$30 million chemical plant breaks ground in Sokhna

Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone Authority (SEZONE), presided over the groundbreaking ceremony for the "Chemdy Egypt for Chemicals" factory within...

Ministry of Investment: Cumulative British investments reach $21.5 billion until last June
2024/09/08

Ministry of Investment: Cumulative British investments reach $21.5 billion until last June

Engineer Hassan Al-Khatib, Minister of Investment and International Trade, held an extensive meeting with John Humphrey, the British Trade Commissioner for Africa, and his accompanying...

Egypt's foreign reserves hit record high of $46.4 billion
2024/07/07

Egypt's foreign reserves hit record high of $46.4 billion

The Central Bank of Egypt (CBE) announced today, Sunday, that its foreign reserves rose by $260 million to reach $46.4 billion at the end of...

China Shen Feng signs land contract for iron, steel products factory in Sokhna
2024/04/22

China Shen Feng signs land contract for iron, steel products factory in Sokhna

The Suez Canal Economic Zone Authority announced Monday that a land usufruct contract has been signed for an area of 750,000 square meters in favour...