Tag: Suez Canal
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Egypt to establish US$1.07 billion tire factory in SCZone
Egypt will establish a tire factory with investments valued at one billion euros (1.07 billion U.S. dollars) in the Suez Canal Economic Zone (SCZone)...
Egyptian Government Denies Rumors About Its Intention to Sell Suez Canal
The Egyptian government denied on Tuesday media reports about Cairo's intention to sell the Suez Canal.
On Monday, the media reported that the government had...
Dispute over blockade of Suez Canal settled
An agreement has been reached in the dispute over the blockade for days of the Suez Canal by the freighter Ever Given.
The container ship...
Egypt starts expanding Suez Canal’s southern stretch
Egypt started dredging works for expanding the Suez Canal's southern section to allow two-way traffic in the international man-made waterway, the Suez Canal Authority...
Egypt’s president approves plan to expand Suez Canal’s southern stretch
Egyptian President Abdel-Fattah al-Sisi on Tuesday approved the Suez Canal Authority (SCA)'s plan to expand and deepen the southern stretch of the waterway, state-run...
