Egypt has opened a semi-automated container terminal at Ain Sokhna, its principal Red Sea port, developed by a consortium of ...

On a flat map, Greenland looks like a lonely white expanse at the top of the world. On the right projections, it jumps out as ...

India–Africa–Europe Trade Corridors Are Bringing New Economic Hope to Africa. Israel’s recognition of Somaliland has the ...

The business of shipping goods around the world has suffered shock after shock since 2000, culminating in the effective closure of the Red Sea and Suez Canal two years ago. Don’t say it too loud, but ...

Egypt is building a roughly 600-kilometer long high-speed rail line linking the Red Sea to the Mediterranean called the Green Line, under a $4.5 billion contract with a consortium including German ...

Egypt has broken ground on an EGP 10.5 billion ($210 million) Atum Solar integrated manufacturing complex in Sokhna in the Suez Canal Economic Zone (SCZONE) in Egypt. The 200 m2 facility will comprise ...

Egypt signed a $200 million SAF investment deal with Qatar’s Al Mana Holding. The project marks the first Qatari industrial investment in the Suez Canal zone. Production is set to start by 2027 under ...

Shirley Howard’s Chicago neighborhood has flooded three times in the last 30 years. But Howard’s mortgage lender never suggested flood insurance. The government says she doesn’t need it. “That is what ...

The canal authority reported that Egypt's Suez Canal revenue increased 14.2% between July and Octember, citing a calmer Red Sea following a ceasefire with Gaza, and an increase in traffic along the ...

The Suez Canal Economic Zone (SCZONE) secured a 30 billion Egyptian pound (approx. $634 million) long-term financing agreement with Commercial International Bank (CIB). The 17-year loan will fund the ...

CAIRO, Oct 29 (Reuters) - Egypt's Kemet Industries Group signed a memorandum of understanding with Emirati-Chinese Al Qalaa Red Flag group to build three industrial projects in Suez Canal Economic ...