Maersk set to restart Suez Canal journeys this December after fresh agreement with Egypt’s SCA
Maersk-affiliated ships will start making limited trips through the canal in early December, according to the ...
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Tag: egypt
UAE’S AD Ports Makes $278 million move to acquire stake in EGX listed ALCN
The acquisition is part of AD Ports Group’s larger goal to increase its investment and operational ...
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Egypt’s SCZONE Secures $3.5 Billion Investment For Three Mega Projects
This partnership is a much-needed bolster to investments in the SCZONE, as it not only strengthens ...
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UAE’s Emaar Properties Invests $18.5 Billion in Egypt, Promising a Boost Beyond Tourism
Jamal Bin Theniyah, chairman of the UAE's Emaar Properties, stated that they are planning to invest ...
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US LNG Hit a Record High In August With 9.33 Million Tons
Europe remains the main destination for US LNG, accounting for 6.16 million tons, or 66% of ...
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Standard Chartered Report Cites Foreign Investments As Driver Of Egypt’s Economic Growth
Standard Chartered has estimated that at least 50% of the investment pledges made to Egypt from ...
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Egypt Strikes Gold as its Revenue Boosted by 131% to Over $446 Million Through Mineral Exploration Deals
Egypt is a country that stands out for its vast infrastructure and unmatched strategic location, with ...
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IMF Commends Egypt’s Economic Progress But Advises A Wider Tax Base
Egypt was forced to seek assistance from the IMF last year after being plagued with high ...
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Egypt-China Sign MoU In Healthcare Sector
Egypt had signed a new MoU with one of China’s diagnostics giants, Snibe, to help advance ...
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Egypt’s Banking Sector Shines With 27% Growth in Deposits Despite Inflation and Devaluation
Egypt’s banking industry recorded a 26.9% increase in total deposits in the 2023-2024 fiscal year compared ...
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