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335 ships transit the Suez Canal last week carrying 19.63m tonnes

Suez Canal traffic data revealed that 335 ships transited the canal from 16 to 22 July, carrying a total load of 19.63m tonnes. An average of 47.86 ships transited the canal per day during that period, with an average load of 2.8m tonnes per day. The average load per ship was about 58,600 tonnes during …

Mohamed Ahmed

SC Zone authority receives first official trade mission after Brexit

In the first British official trade visit to Egypt after Brexit, chairperson of the Suez Canal Economic Zone (SC Zone) Ahmed Darwish received Monday UK trade envoy to Egypt, Jeffrey Donaldson, the British ambassador to Egypt, John Casson, and CEO of UK Export Finance, Louis Taylor, at the SC Zone office in Ain Sokhna. The …

Ahmed Adly

Egypt exports register EGP 16.6bn in April, imports record EGP 40.5bn: CAPMAS

The value of Egyptian exports reached EGP 16.6bn during April 2016, while imports recorded EGP 40.5bn in the same month, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). CAPMAS stated in its monthly bulletin on foreign trade statistics issued on Monday, that the trade balance deficit reached EGP 23.9bn in April 2016, …

Hossam Mounir

Al-Sisi fails to control price increases

During most of his speeches, Al-Sisi stressed to Egyptians that there would be no price increases. However, the situation on the ground panned out differently as prices have continued to rise across the board  

Shaimaa Al-Aees