Latest News for: Egypt canal

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Suez trade plunges after war forces ships to reroute

The Times/The Sunday Times 25 Apr 2024
Analysis by the Office for National Statistics revealed that ship traffic through the Suez Canal in Egypt, among the world’s foremost trade arteries, tumbled by two-thirds over the year to April ... Related articles ... March 12 2024, 12.42pm ... , Washington ... .
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Arthur Cyr: Iran attack on Israel provokes new crisis

The Daily Reporter 25 Apr 2024
... diplomacy decisively to end a secretly planned old-style colonial military effort by Britain, France and Israel to recapture the Suez Canal, seized by Egypt’s new nationalist regime, and punish Egypt.
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Palace Museum exhibitions show civilizations don't necessarily clash

China Daily 25 Apr 2024
... Arabia's Vision 2030, Oman's Vision 2040 and Egypt's Vision 2030) ... New economic zones (such as Oman's Duqm Special Economic Zone and Egypt's Suez Canal Economic Zone) are stirring economic activity.
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The U.S. "Pivots to Diplomacy" in Yemen, by James Durso

The Unz Review 25 Apr 2024
The Red Sea and Suez Canal see the transit of 30% of the world’s container traffic, so the attacks caused traffic to be ... Egypt is losing Suez Canal revenue – down almost 50% – and will press the U.S.
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Egypt's Suez Canal rescue teams prevent sinking of cargo ship

Xinhua 23 Apr 2024
The Suez Canal, carrying 12 percent of global trade, is a crucial source of foreign ... Egypt's Suez Canal rescue teams prevent sinking of cargo ship.
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Video: Suez Canal Responds to Distress Call from Listing Vessel

The Maritime Executive 23 Apr 2024
The Suez Canal Authority is reporting that it responded to a distress call from a small cargo ship that was waiting off the northern terminus of the canal ... It is being managed by Egypt’s Assiut ...
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Xinhua Middle East news summary at 2200 GMT, April 23

China.dot.org 23 Apr 2024
(Israel-Order-Gaza Evacuation). - - - - ... - - - -. CAIRO -- The Suez Canal rescue teams prevented a cargo ship from sinking before passing through the waterway, the Suez Canal Authority (SCA) said on Tuesday ... (Egypt-Suez Canal-Cargo Rescue). - - - - ... .
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SCZONE Signs $297M Contract With Chinese Xinfeng For Iron Products Project In Sokhna Industrial Zone

MENA FN 23 Apr 2024
(MENAFN - Daily News Egypt) The Suez Canal Economic Zone (SCZONE) granted land usufruct for an area of 750,000 square meters to the XinFeng Company for iron products. The purpose is to establish a ... .
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Egypt to launch invitation to tender for development of desalination plants in few weeks

Egypt Today 22 Apr 2024
Chairperson of The Sovereign Fund of Egypt ... Egypt’s water desalination program entails the launch of several plants possessing a total capacity of 8.85 million m3/day by 2050.
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Iran attack on Israel provokes new crisis

Stars and Stripes 22 Apr 2024
... diplomacy decisively to end a secretly planned old-style colonial military effort by Britain, France and Israel to recapture the Suez Canal, seized by Egypt’s new nationalist regime, and punish Egypt.
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Mideast in 'shadow of uncertainty' due to regional conflicts, IMF's Azour says

Naharnet 19 Apr 2024
The Egyptian economy has been particularly badly hit by the recent Houthi attacks on Red Sea shipping, which caused trade through the Egypt-run Suez Canal to more than halve -- depriving the country of a key source of foreign exchange.
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Next Thursday official paid holiday for Sinai Liberation Day celebrations

Egypt Today 18 Apr 2024
On April 25 of every year, Egypt celebrates Sinai Liberation Day, as the last Israeli soldier was expelled, and the Egyptian flag was raised on the turquoise land [Sinai] on April 25, 1982 ... Egypt ...
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Egypt's PM says prices of basic commodities to decline up to 30 pct

Xinhua 18 Apr 2024
dollar exchange rate in Egypt ... The crisis deepened after the Israel-Hamas conflict broke out in October last year, impacting Egypt's tourism sector and halving its revenues from the Suez Canal.
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China-Egypt relationship 'at its best', says envoy

ECNS 18 Apr 2024
In addition, the China-Egypt TEDA Suez Economic and Trade Cooperation Zone, a demonstration project set up in 2008 that aligns the BRI with the development of the Suez Canal Corridor Project, has ...

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