Egypt's President Abdel Fattah Al-Sisi has asserted, on Tuesday, that work is underway to develop the Suez Canal, in line with the progress of the global trade movement.
The President's remarks came during his inspection tour of the Suez Canal (...)
Egypt's revenues from Suez Canal surged by 15.8 percent year-on-year to $551 million in April, from $476 million in the same month in 2020, chairman of the waterway canal authority said on Tuesday.
According to Osama Rabie, a total of 1,814 vessels (...)
A plane carrying Egyptian fishermen detained in Eritrea arrived in Cairo, on Sunday, after their release by the Eritrean authorities.
Upon their arrival from Eritrea, the fishermen were received by Ambassador Amr Mahmoud Abbas, Assistant Minister of (...)
President Abdel-Fattah El-Sisi directed on Sunday to ensure financial flow sustainability for the Universal Health Insurance System (UHIS) — one of the Egyptian projects that have been in progress since 2018.
El-Sisi said, during a meeting with top (...)
Egypt is constructing 151 dual and triple sewage treatment plants across the country, with a total capacity of five million m3 of water per day, at a cost of EGP 31.59 billion
The announcement was made by Minister of Housing, Utilities, and Urban (...)
Egypt's Minister of Housing, Utilities and Urban Communities Assem El Gazzar has said that 151 dual and triple wastewater treatment plants are being implemented across Egypt, at a cost of EGP 31.59bn.
The total capacity of the plants stands at (...)
The government has laid out a strategy to improve people's quality of life in cities and the countryside based on introducing unorthodox mechanisms to support small and medium-sized enterprises (SMEs), Medhat Massoud, head of the Central Sector for (...)
Zamalek edged Ahly 18-17 in an epic struggle on Monday to claim the Egyptian handball league title.
The two had played to a 28-28 draw in the final on Saturday. However, according to the competition's regulations, a decisive game was needed to (...)
The European Union (EU), the European Investment Bank (EIB), and Egypt's Micro, Small, and Medium Enterprises Development Agency (MSMEDA) visited, on Wednesday, three projects in the second phase of the Community Development Programme.
The visit (...)
The giant container ship Ever Given that blocked the Suez Canal for almost a week in March is being held in the waterway as Egyptian authorities pursue a $916 million compensation claim against the ship's Japanese owner.
Namely, the Suez Canal (...)
A new unified real estate ID system under development will enable the State to take stock of real estate wealth and create a central database that may be used in licensing and ownership registration procedures, Prime Minister Mostafa Madbouly said (...)
Egyptian President Abdel Fattah Al-Sisi met, on Monday, Russian Minister of Foreign Affairs Sergey Lavrov, during the latter's visit to Cairo.
The meeting addressed Egypt-Russia cooperation in different fields, and the Ethiopian Nile dam (...)
The National Bank of Egypt (NBE) and Banque Misr are leading a coalition of six banks to provide EGP 10bn in financing to the Suez Canal Economic Zone (SCZone).
The long-term joint financing contract was signed by: SCZone Chairperson Yehia Zaky; NBE (...)
The African Development Bank's (AfDB) board approved on Tuesday a €145 million ($171.7 million) loan to finance reliability and performance upgrades to Egypt rail system.
The funding will be used to enhance operational safety and to increase network (...)
The African Development Bank (AfDB) has approved a loan of €145m to finance reliability and performance upgrades to Egypt's rail system.
The financing comes as part of the Egypt National Railways Modernization Project (ENRMP), and will be used to (...)
The recent Suez Canal crisis uncovered a hidden facet of the economic interests of other countries, who raced to make gains at the expense of Egypt's predicament when the canal was blocked by the giant Japanese cargo ship the Ever Given for a (...)
Egypt's Supreme Council of Culture has announced that it is launching the "Playing and Singing on the Simsimiyya Instrument" competition, which was proposed by the Council's Committee for Music, Opera, and Ballet.
The competition aims to implement (...)
Magda El-Sabee, CEO of Summit Technology Solutions, said that the novel coronavirus (COVID-19) pandemic has accelerated digital transformation and increased financial inclusion.
She said this took place despite the pandemic's negative effects (...)
Corporate law firm, Al Tamimi & Company announced on Wednesday it had launched an office in the Egyptian canal city of Port Said, which is one of the leading transhipment hubs in the Middle East region.
The move builds on the company's strategic (...)
The Culture Ministry applies all precautionary and preventive measures with daily sterilization of the theatres in order to ensure the safety of the public, artists and workers.
Al-Qobba Palace
Sarray Al-Qobba area, Cairo
Fri 2, 8.30pm: Qasr (...)
Hundreds of thousands of Egyptian peasants lost their lives during the digging of the Suez Canal in the late 19th century, and its extravagant inauguration ceremony in 1869 was the start of Egypt's indebtedness.
Former president Gamal Abdel-Nasser's (...)
"Lieutenant-General Osama Rabie, chairman of the Suez Canal Authority (SCA), announced on Monday that the manoeuvres by 10 giant tugboats had succeeded in refloating the stranded Ever Given container ship and setting it on a course towards the Great (...)
Steven Yoogalingam has been appointed as the new managing director of Suez Canal Container Terminal (SCCT) effective 1st April 2021, succeeding Lars Vang Chirstensen – former chairman and chief executive of SCCT.
Throughout his vocational journey, (...)
On 17 November 1869, Egypt announced the completion of its man-made waterway, the Suez Canal, calling it a gift to the world.
Running between Port Said and the Gulf of Suez, the canal connects the Mediterranean Sea to the Red Sea through the Isthmus (...)
Alaa Farouk, Chairperson of the Agricultural Bank of Egypt (ABE), has announced that the bank's Bab Rizk programme for microfinance will be available in 150 of the bank's new branches.
These will be added to the 26 branches where the programme has (...)
