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Latest in Tag: suez canal

2nd CSR Forum to be held focusing on Suez Canal Region

Driven by the belief that developing societies comes with the help of private sector, along with governments, Egypt’s CSR Forum holds its second forum this year in Port Said. Aiming to build a bridge, of which both sides meet to come up with ideas to develop Egyptian society, the CSR Forum targets creating a state …

Daily News Egypt

74 vessels cross Suez Canal in 24 hours

The Suez Canal recorded on Saturday the highest number of single-day ship traffic in its history, with 74 large vessels crossing, which were also carrying the largest weight of shipments, at 5.2 million tonnes. Furthermore, he added that the number of transiting vessels from the north reached 50 vessels, with loads of 3.1 million tonnes, …

Nihal Samir

How can the economic zone of the Suez Canal lead the development?

Egypt relies heavily on the Suez Canal Economic Zone (SCZone) to drive the economic growth of the country, especially as it is an investment area of special nature, which gives it a competitive advantage compared to other areas of investment inside Egypt, as well as enjoying a geographical location, which gives it another competitive advantage, …

Mohamed Alaa El-Din

Egypt Suez Canal revenue tick up in July to USD 447.1 million

Egypt’s Suez Canal revenues rose to $ 447.1 million in July from $427.2 million in June, the government said on Tuesday. The canal is the fastest shipping route between Europe and Asia and one of the government’s main sources of foreign currency. Egypt has been struggling to revive its economy since a 2011 uprising hit …

Daily News Egypt