Suez Canal Bank has signed a tripartite cooperation protocol with eHealth and eAswaaq—both affiliates of eFinance Investment Group—with the aim of supporting and developing Egypt's healthcare sector by providing integrated financing solutions and (...)
Egypt's Suez Canal Authority (SCA) has begun construction of a 60-passenger electric river bus as part of a broader push to localise maritime manufacturing and modernise the country's transport fleet.
The vessel, being built for Cairo Governorate at (...)
A Turkish-Egyptian joint venture has signed a $2 million agreement to establish a trailer manufacturing plant in Egypt's Suez Canal Economic Zone (SCZONE), the authority said on Thursday.
The project, led by SAI Hydraulic, will be developed in an (...)
Egypt's Suez Canal Economic Zone (SCZONE) said on Thursday it signed an agreement with Türkiye's Atesan Tekstil for a $6.5 million textile project in West Qantara.
The project will produce woven fabrics and is expected to create about 200 direct (...)
The Egyptian Projects Operation and Maintenance (EPROM) recorded the highest net profit in its history at EGP 1.586bn for 2025, marking a 44% increase from EGP 1.096bn the previous year, as the company expanded operations into Nigeria and Iraq, the (...)
Waleid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), witnessed the signing of contracts for three new projects by Sakr for Electronics and Energy (SDC Investment Fund) within the MDC industrial developer's zone in the (...)
Ahmed Rostom, Minister of Planning and Economic Development, met with senior officials from international financial institutions in Washington on the sidelines of his participation in the IMF-World Bank Spring Meetings. He was accompanied by a (...)
Egypt's current account deficit narrowed by 13.6% to $9.5bn during the first half of the fiscal year (Fy) 2025/26 financial year, driven primarily by a 29.6% surge in remittances from Egyptians working abroad to $22.1bn, alongside robust foreign (...)
Egypt's President Abdel Fattah El-Sisi met Tatarstan President Rustam Minnikhanov in Cairo on Tuesday, discussing ways to expand economic cooperation and inviting investors to participate in a planned Russian industrial zone in the Suez Canal (...)
Egyptian President Abdel Fattah Al-Sisi discussed ways to strengthen industrial and economic cooperation with Tatarstan President Rustam Minnikhanov, including potential investment in the Russian industrial zone within the Suez Canal Economic Zone (...)
Petrogulf, a subsidiary of the South Valley Egyptian Petroleum Holding Company, has raised production from its Gulf of Suez fields to around 26,600 barrels per day, up from approximately 17,000 barrels per day during the current 2025/2026 fiscal (...)
Egypt is reviewing a $2 billion proposal by China's Henan Zhongfu Industry Co. to build an aluminum production complex in the Suez Canal Economic Zone (SCZONE), as Cairo pushes to deepen industrialisation and expand export-oriented (...)
نظمت جامعة قناة السويس مجموعة من البرامج والندوات التوعوية المتنوعة التي استهدفت الطلاب والمعلمين، في إطار دورها المجتمعي في نشر الوعي العلمي والسلوكي وتعزيز مفاهيم الاستدامة والحماية المجتمعية.
نشر ثقافة الطاقة المستدامة
وفي إطار التوجه نحو نشر (...)
Egypt's Suez Canal Economic Zone plans (SCZONE) to begin a roadshow in Spain in the fourth quarter to attract investment in sectors including renewable energy, water desalination, and logistics, Chairman Waleid Gamal El-Dien said Thursday.
The (...)
Egypt's Suez Canal Authority (SCA) said on Thursday its maritime units rescued three crew members from a supply vessel after a fire broke out outside the canal's navigational channel in the western Gulf of Suez.
One crew member remains missing and (...)
Indorama Egypt Fertilisers has signed a contract to establish a new phosphate fertiliser plant in the Suez Canal Economic Zone (SCZONE) with a first-phase investment of $525m, targeting 80% of its production for export.
The agreement, witnessed by (...)
Egypt's Suez Canal Economic Zone Authority (SCZONE) signed a contract with Polyserve for Fertilizers & Chemicals on Wednesday to establish a new chemicals project in the integrated industrial area of El-Sokhna. The project will cover 650,000 square (...)
Egypt's Suez Canal Economic Zone (SCZONE) signed on Wednesday a contract with Indorama Egypt Fertilizers to establish a new phosphate fertilizer plant in the El-Sokhna industrial area, with investments of $525 million for the first phase.
The (...)
Indorama and Misr Phosphate signed on Wednesday a partnership agreement to establish a new phosphate fertilizer plant in the El-Sokhna industrial area of the Suez Canal Economic Zone (SCZONE).
The project, led by global company Indorama through its (...)
Lucky, Egypt's fast-growing financial technology company, has raised $23m in a Series B round combining equity and debt, as it accelerates its expansion into North Africa's consumer credit market.
The round drew support from Disruptech Ventures and (...)
Egypt plans to drill more than 100 exploratory wells by 2026 as part of an ambitious strategy to enhance domestic oil and gas production, Petroleum Minister Karim Badawi said on Tuesday.
Speaking during a roundtable meeting with members of the (...)
Egypt's Gulf of Suez Petroleum Company (GUPCO) has drilled a new exploratory well in the Gulf of Suez, producing around 2,500 barrels of oil per day and 3 million cubic feet of gas, the petroleum ministry said on Tuesday.
The well, South Al Wasl-BB, (...)
Egypt has received three giant quay cranes and six yard cranes at the Safaga 2 multipurpose terminal, Transport Minister Kamel al-Wazir announced on Tuesday.
The delivery of the "super post-panamax" cranes, manufactured by China's Shanghai Zhenhua (...)
Investing in human capital is essential to sustaining growth and strengthening the Suez Canal Economic Zone's (SCZONE) position as a global logistics and industrial hub, its chairman said on Monday during a tour of key projects in Port Said.
Waleid (...)
Egypt's National Food Safety Authority (NFSA) has reported a steady inflow of food imports during the final week of March and early April, alongside intensified monitoring measures to ensure product safety and protect consumer health.
According to (...)
