Improved stability and renewed confidence boost vessel traffic, supporting Africa’s key maritime trade routes.
Supported by significant financing from the International Finance Corporation (IFC), the terminal marks one of Egypt’s most important port expansions in years. A second container terminal at East Port ...
From July to October 2025 the canal handled 4405 ships carrying 185 million tons versus 4332 ships and 167.6 million tons a ...
UAE dredging and marine construction firm National Marine Dredging Company (NMDC) has announced the completion of the New Suez Canal project. The $8bn (£5bn) project had been projected to take three ...
Destiny Energy will invest $210 million to build a green-ammonia plant in the Suez Canal Economic Zone. The plant will produce 300 tonnes of green ammonia and 53 tonnes of green hydrogen per day, ...
MOSCOW — Egyptian President Abdel-Fattah El-Sisi has invited his Russian counterpart Vladimir Putin to attend the inauguration of the new Suez Canal project, scheduled to take place in August. El-Sisi ...
A sanctioned oil tanker ran aground in the Suez Canal, blocking northbound traffic for several hours on Tuesday. The Suez Canal Authority said the Komander had engine issues while sailing southbound ...
Tomorrow is the inauguration of the New Suez Canal. Dutch companies Boskalis and Van Oord, as part of a consortium of partners, dredged a record breaking 200 million m3 of sand, clay and rock in less ...
CAIRO (Reuters) - Egypt must strip back bureaucracy to attract investment in its planned second Suez canal and bring in new laws making it easier for companies to get licences and land, a legal firm ...
The Qantara West Industrial Zone attracted investments from eight different countries, reflecting the zone's position as an ...
Arabian Gulf Business Insight on MSN

Egyptian hydrogen project attracts Singapore’s Destiny

Singaporean company Destiny Energy plans to invest $210 million to build facilities in Egypt’s Suez Canal Economic Zone (SCZone) that will produce 100,000 tonnes of green hydrogen and green ammonia ...
Curious about which canal links the Mediterranean Sea and the Red Sea? In this detailed guide, we explore the Suez Canal, its location, global role, rich history, and fascinating features that make it ...