Arab leaders to participate in Egypt’s ‘Historical Event’
The Arab leaders have received invitation by the President Abdel-Fattah El-Sisi with pleasure, and most of them promised to participate in this historical event....
Al Mahrousa, the legendary royal Yacht, is now in the New Suez Canal
by Ameera Fouad
Anchored in front of Ras Al Teen Presidential Palace in Alexandria, the legendary Al Mahrousa yacht will participate lively in the opening...
Suez Canal Timeline
30 November 1854
First concession granted by Said Pasha, son of Mohammed-Ali, to Ferdinand de Lesseps for the digging and use of a canal...
When Nasser’s voice shook the world
The day president Nasser made his voice heard to the whole world announcing Egypt’s decision to nationalize the Suez Canal, I was among the...
Ships cross Egypt’s New Suez Canal in first test-run
The first cargo ships passed through Egypt’s New Suez Canal on Saturday in a test-run before it opens next month, state media reported, 11...
New golden coin for Egypt’s New Suez Canal
Eight days before the official opening of Egypt’s New Suez Canal, a new golden coin has been issued.
Designed by Engineer Yasser Saad Eddin, a ...
Egyptian pound between better exports and higher prices
by Maye Kabil: With the objective of reducing imports and enhancing investments and exports, the Central Bank of Egypt (CBE) allowed the local currency, the...
Technip deal to upgrade Egypt refineries at $2.9bn
Technip Italy, a world leader in project management for the energy industry, has finalised two joint agreements valued at a total of $2.9 billion...
Importing high-moisture level French wheat
Egypt’s General Authority for Supply Commodities (GASC) is considering extending the exception for importing high-moisture level French wheat beyond August, state agency MENA said...
Egypt allocates LE1 billion funds to develop slums
Egypt will allocate LE1 billion of its annual budget in the 2015/2016 fiscal year to develop a number of urban slum areas, the Planning...
Egypt’s economic future focus for Euromoney
The dynamics of Egypt’s changing political, economic, financial, regulatory and monetary systems to the international markets will come under limelight at the upcoming Euromoney...