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Suez Canal

Chinese EV makers to boost investments in Africa to avoid tariffs as rivalry with EU, US heats up

November 20, 2024 Steven Addamah 0

With the United States and the European Union imposing hefty tariffs on Chinese electric vehicles (EVs), its carmakers are searching for alternative markets, notably in […]

Suez Canal announces record profit of $7 billion

July 5, 2022 Steven Addamah 0

The Suez Canal on Monday announced a record profit of $7 billion (about 6.7 billion euros) in the 2021-2022 fiscal year, after repeatedly raising transit […]

Muslim Brotherhood Leader Handed Down Life Sentence

May 31, 2016 Pawla Nibramich 0

An Egyptian court has handed down the leader of the Muslim Brotherhood Mohamed Badie and 35 other members of the banned organization life sentence. The […]

Djibouti signs important economic agreements with China

January 22, 2016 Khalid Al Mouahidi 0

Djibouti’s president signed earlier this week trade and economic agreements with the Chinese government to set up a legal framework and allow Chinese financial service […]

Egypt extends participation in Yemen war

January 17, 2016 Khalid Al Mouahidi 0

A statement from the Egyptian presidency announced that “the National Defense Council agreed to prolong the participation of its armed forces engaged in a combat […]

Egypt extends Sinai state of emergency for third time

July 27, 2015 Khalid Al Mouahidi 0

Egypt’s Prime Minister Ibrahim Mahlab announced a decree prolonging the state of emergency imposed in some parts of Northern Sinai till October as well as a […]

Yemen : Houthis overtake Hudeida as government looks on

October 15, 2014 Geraldine Boechat 0

The Houthi rebels are increasing their domination in Yemen as they took over Hudeida together with the second most important seaport of the country. Military […]

Egypt-Russia conclude military and trade agreements

August 14, 2014 Steven Addamah 0

Russia and Egypt are determined to strengthen their bilateral ties and further reinforce their military and trade cooperation. The Presidents of the two states met […]

Egypt: Suez Canal to be transformed

May 19, 2014 Geraldine Boechat 0

Consultations are being done by the Suez Canal’s Authority Board with several local investment banks to transform the canal into a much more lucrative venture […]

Suez Canal investment project launched

May 14, 2013 Steven Addamah 0

Prime Minister Hesham Qandil has pointed out that the government is willing to offer some areas around the Suez Canal for investment projects, but it […]

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News

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