Suez Canal revenue increased by 18.5% in the first half of the fiscal year (FY) 2025/26, Chairperson Osama Rabie said on Wednesday, as he declared conditions ready for the full return of global shipping lines to the waterway.
Speaking during an (...)
Egypt's Red Sea Container Terminal 1 (RSCT) at Sokhna Port officially began commercial operations on Thursday, marking a key milestone in Egypt's port development. The launch was highlighted by the arrival of the CMA CGM IRON vessel from Beirut (...)
Egypt's Suez Canal Authority (SCA) successfully rescued all 12 crew members of the cargo ship FENER after it developed a 10-degree list off the northern entrance of the canal, the authority said Wednesday.
The ship was outside the canal's (...)
Egypt has recorded a sustained decline in births from 2018 through 2025, according to data from the Ministry of Health's digital birth and death registration system, now in use across more than 5,000 healthcare facilities nationwide.
Health Minister (...)
Egypt's Ministry of Health and Population provided 362,662 medical services through hospitals and health facilities in Port Said governorate between January and December 2025, the ministry announced in a statement.
The services were delivered under (...)
Prime Minister Mostafa Madbouly conducted an extensive field tour of healthcare facilities affiliated with Egypt's Healthcare Authority (EHA) in Luxor, as part of ongoing efforts to monitor the implementation of the Universal Health Insurance System (...)
Egypt will automatically register all citizens currently enrolled in state-approved cash and social support programmes, such as Takaful and Karama, into the country's comprehensive health insurance system, Prime Minister Mostafa Madbouly announced (...)
The Central Bank of Egypt (CBE) announced a 1% cut in its key interest rates last Thursday, marking a significant step towards easing monetary conditions and supporting economic activity amid signs of moderating inflation.
The decision was widely (...)
Egypt's Suez Canal Economic Zone Authority (SCZONE) denied on Thursday media and social media claims that a vessel carrying military equipment docked at Port Said, one of its key ports, en route to a foreign destination.
In a statement, the (...)
At its 72nd meeting, chaired by Prime Minister Mostafa Madbouly, the Egyptian Cabinet approved a package of key decisions spanning traffic regulation, healthcare, infrastructure development, vocational training, and economic reform.
The Cabinet (...)
Egypt's Minister of Water Resources and Irrigation, Hany Sewilam, met on Wednesday with Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, and Minister of Agriculture, Alaa Farouk, to review (...)
Red Sea Container Terminal 1 at Port Said began trial operations on Monday, marking a major step in Egypt's plan to develop its ports into a regional hub for transport, logistics, and transit trade.
The terminal, operated by the Hutchison-CMA-COSCO (...)
Egypt's Investment Minister Hassan El-Khatib held talks on Sunday with US-based Blumberg Grain on plans to establish a regional food-security hub in the country and localise advanced agricultural preservation technology, the ministry said in a (...)
Industrial Development Group (IDG) has announced the launch of its newest industrial park, e2 New October, in New October City. With investments totalling EGP 4.8bn and spanning 1.6 million sqm, the project represents a significant step forward in (...)
Waleid Gamal El-Dein, chairman of Egypt's Suez Canal Economic Zone (SCZONE), continued his US promotional tour Thursday in Washington, courting investment across pharmaceuticals, energy, logistics, and automotive sectors following successful New (...)
Egypt's Vice Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, held a virtual meeting with Thomas Schäfer, CEO of the Volkswagen brand and member of the Volkswagen Group Board of Management, to discuss (...)
Egypt's Minister of Industry Kamel El-Wazir held a videoconference on Wednesday with Volkswagen Group CEO Thomas Schäfer to discuss the company's plans to expand automotive manufacturing in Egypt.
The meeting reviewed Volkswagen's multi-phase (...)
West Port Said Port received the cruise ship Celestyal Journey on Monday, carrying 435 tourists from various countries and 465 crew members, the Suez Canal Economic Zone (SCZONE) said in a statement. The vessel arrived from Türkiye as part of (...)
Egypt opened the second phase of its 2025 House of Representatives elections on Monday, with voting taking place over 24–25 November across 13 governorates, including Cairo, Qalyubia, Menoufia, Dakahlia, Kafr El-Sheikh, Gharbia, Damietta, Sharqia, (...)
Egypt's Suez Canal Authority (SCA) and Ministry of Petroleum signed a memorandum of understanding on Sunday to advance a major green-energy infrastructure project, including the development of an LNG liquefaction and bunkering station in El-Raswa, (...)
Egypt's East Port Said region is rapidly developing into a major industrial and logistics hub, Prime Minister Mostafa Madbouly said on Thursday, as the government inaugurated a series of new projects in the area.
Speaking at a press conference, (...)
Cairo recently hosted the Egypt-Sverdlovsk Economic Forum under the theme "New Horizons for Economic Cooperation," bringing together senior officials, business leaders, and representatives from Russia's Sverdlovsk Region. The event was organized by (...)
Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, witnessed the signing of a Memorandum of Understanding between the Suez Canal Economic Zone (SCZONE) and Sky Ports to conduct the necessary (...)
Egypt's Suez Canal Economic Zone (SCZONE) signed on Monday a memorandum of understanding and an 18-month usufruct agreement with logistics operator Sky Ports to develop and operate a new multi-purpose terminal at Ain Sokhna Port.
Deputy Prime (...)
President Abdel Fattah Al-Sisi on Sunday urged accelerated development of Egypt's ports and logistics infrastructure, saying the country is keen to attract more foreign investment—particularly from global partners such as Maersk—into the Suez Canal (...)
