Suez Canal

DP World, Suez Canal set up joint development

Cairo - Emirates Voice

DP World, a leading enabler of global trade, announced on Wednesday the establishment of a joint development company with the General Authority for the Suez Canal Economic Zone in Egypt. The new venture will develop projects in the Suez Canal Zone, one of the most promising trade zones given the calibre of its logistics facilities and its strategic location. Egypt'sRead more

Cooperation between Egypt and China

Cairo – Ali El Said

Chinese Ambassador to Cairo Song Iqwa revealed the future cooperation between El Harir road and Suez Canal to strengthen the economic cooperation through integration between those two regions, adding that Suez Canal will witness logistics supplies because it is a main point on El Harir road. He said in a statement to “Arab Today” that, the cooperation between Egypt andRead more

Egypt is keen to overcome obstacles facing Kuwaiti investors

Cairo – Mahmoud Hassani

The Egyptian president, Abdel Fattah al-Sisi stressed on Egypt’s keenness on continuous communication with Kuwaiti investors to overcome the obstacles facing them, confirming the importance of the private sector role in strengthen the economic cooperation between the two countries through investments and trade exchange. Spokesman of the Egyptian government, Alaa Youssef said that, al-Sisi praised the Egyptian-Kuwaiti Joint Economic CooperationRead more

51 ships transit Suez Canal

Ismailia - MENA

Fifty-one ships transited the Suez Canal on Sunday, with a total cargo of 2.7 million tons. The south-bound convoy included 26 vessels carrying around 1.4 million tons, while the north-bound convoy included 25 ships carrying about 1.3 million tons, according to a statement issued by the Suez Canal Authority. Read more

56 ships transit Suez Canal

Ismailia - MENA

Fifty-six ships transited the Suez Canal on Tuesday, with a total cargo of 3.1 million tons. The south-bound convoy included 32 vessels carrying around 1.7 million tons, while the north-bound convoy included 24 ships carrying about 1.4 million tons, according to a statement issued by the Suez Canal Authority.Read more

US warns of underwater mines planted by Houthis in Bab al-Mandeb

Mokha - Arab Today

The US Office of Naval Intelligence (ONI) warned merchant ships from the dangers of mines that were set by Houthis and militias allied to former Yemeni President Ali Abdullah Saleh in Bab al-Mandeb near the Mokha port entrance. A report issued by the ONI stated that the attacks on ships in the strait, especially commercial ones, will trigger the involvementRead more

45 ships transit Suez Canal

Ismailia - MENA

Forty-five ships transited the Suez Canal on Thursday, with a total cargo load of 2.5 million tons. The south-bound convoy included 19 vessels carrying around 1.4 million tons, while the north-bound convoy included 26 ships carrying about 1.04 million tons, according to a statement issued by the Suez Canal Authority. Source: MENARead more

Egypt's Sisi pledges help for North Sinai residents targeted by 'cowardly plot'

North Sinai - Arab today

Egyptian President Abdel-Fattah El-Sisi said his government is providing all possible help to residents of the city of Arish, who he said were being targeted as part of a “cowardly plot by evil people” designed to undermine national unity and confidence in the state. The comments come in the wake of a wave of militant-linked killings of local ChristiansRead more