Revenues from Egypt’s Suez Canal are down 40% from the beginning of the year compared…
Tag: Egypt
Abu Dhabi Ports Group to operate Egypt’s new Safaga terminal
Egypt signed an agreement with Abu Dhabi Ports Group on Wednesday for the operation and…
Egypt generates $8bn from Suez Canal in 2022
Egypt earned nearly $8 billion from the Suez Canal in 2022, an increase of 25…
Egypt’s Suez Canal records highest monthly revenue of $704m in July
Egypt’s Suez Canal recorded its highest ever monthly revenue in July, reaching $704 million, in addition…
Egypt’s Suez Canal amends tolls for laden crude oil tankers
Egypt’s Suez Canal Authority said on Tuesday it will temporarily amend a surcharge levied on…
Egypt reopens two Mediterranean ports after bad weather
Egypt on Tuesday reopened the two Mediterranean ports of Alexandria and Dekheila, which were shut…
Egypt shuts eight ports due to bad weather
Egypt has closed eight ports owing to bad weather, officials said on Monday. The ports…
Egypt opens naval base close to border with Libya
Egyptian President Abdel Fattah al-Sisi has inaugurated a large naval base on Saturday 135km from…
Egypt plans Suez Canal expansion after grounding of vessel
Egypt has announced plans to widen and deepen the southern part of the Suez Canal…
Egypt offers to cut Ever Given claim to $600m
Egypt offered to reduce claims by a third for compensation from owners of the container…