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Suez Canal: A cruise to the past

It took a long journey for the Suez Canal to reach its current state today, a journey witnessing several closings and instability of the canal’s operations. Today, Egypt celebrates the opening of the canal’s expansion

Menna Samir

The Suez Canal expansion in the eyes of international media

Ahead of the Suez Canal expansion celebration, some international media outlets shed light on the new inauguration. Some reported the facts, and threw in their own and experts views and opinions on it. Daily News Egypt outlines a number of newspapers that talked about the event ahead of its official opening on 6 August. “Today …

Daily News Egypt

CBE

CBE to reveal details of commodity prices developments in June

By Hossam Mounir The Central Bank of Egypt (CBE) is expected to reveal on Wednesday details pertaining to developments of commodity prices within the markets last June, upon which the state inflation rates are determined. The details would be announced in the CBE’s monthly report that is issued on the 15th day of every month. …

Hossam Mounir

EGAS, Rosneft negotiate technical, financial details for 24 LNG shipments

The Egyptian Natural Gas Holding Company (EGAS) and Russian government-owned Rosneft are negotiating technical and financial details to supply 24 liquefied natural gas (LNG) shipments to Egypt in the next two years. A senior EGAS official said in a statement to Daily News Egypt that the negotiations over the shipments will hopefully be finalised soon, …

Mohamed Adel