Sunday 23 Feb

Suez

Rabie explores IMEC's impact on Middle East trade
2025/02/20

Rabie explores IMEC's impact on Middle East trade

Suez Canal Authority Chairman, Lieutenant General Osama Rabie, met with Gerard Mestrallet, French President Emmanuel Macron's special envoy for the India-Middle East-Europe Economic Corridor (IMEC),...

Suez Canal Bank sees 148% profit jump to EGP5.7 billion
2025/02/15

Suez Canal Bank sees 148% profit jump to EGP5.7 billion

Suez Canal Bank's financial statements revealed a 148% year-on-year increase in profits for 2024. The bank reported profits of 5.68 billion pounds, compared to 2.29...

Suez Canal sees maiden voyage of car carrier AICC HUANGHU
2025/02/14

Suez Canal sees maiden voyage of car carrier AICC HUANGHU

The Suez Canal witnessed the maiden voyage of the car carrier AICC HUANGHU, sailing within the southern convoy from Shanghai, China, to Dierniz, Turkey.

EGYTRANS, NAFITH launch Port Said Transport Company
2025/02/09

EGYTRANS, NAFITH launch Port Said Transport Company

The Egyptian Company for Transport and Trade Services (EGYTRANS) and NAFITH International have signed a contract with the General Authority for the Suez Canal Economic...

Chrysalis tanker sails through Suez Canal after months
2025/02/03

Chrysalis tanker sails through Suez Canal after months

The oil tanker CHRYSALIS transited the Suez Canal as part of the southern convoy, traveling from Sikka, India, to Sidi Kerir, Alexandria.

Egypt, Djibouti call for Red Sea shipping to return to normal
2025/02/02

Egypt, Djibouti call for Red Sea shipping to return to normal

President Abdel Fattah El-Sisi received, Sunday, Mahmoud Ali Youssef, Minister of Foreign Affairs and International Cooperation, the official spokesman for the government of the Republic...

Dragon Oil finds oil in East Crystal 1 well in Gulf of Suez
2025/01/29

Dragon Oil finds oil in East Crystal 1 well in Gulf of Suez

The Ministry of Petroleum and Mineral Resources announced today, Wednesday, the successful drilling of the exploratory well 'East Crystal-1' in the Gulf of Suez, carried...

Al-Mashat in Davos: Suez Canal reopening boosts foreign exchange inflows
2025/01/25

Al-Mashat in Davos: Suez Canal reopening boosts foreign exchange inflows

During her attendance at the Davos World Economic Forum in Switzerland, themed “Cooperation for the Smart Age,” Dr. Rania Al-Mashat, Minister of Planning, Economic Development...