Egypt’s Canal Zone Pulled In US$7 Billion in a Year, Most of It Looking East
The Suez Canal Economic Zone attracted US$7 billion across 117 projects in a year, with revenue up 37% and Chinese...
September 1, 2026Topic
suez canal
Egypt and Russia Talk Up a Reactor and an Unopened Suez Zone
Egypt Russia relations were reviewed in a ministers call covering the El-Dabaa nuclear plant and a Suez industrial zone still...
August 29, 2026
Egypt Growth Outlook Cut to 5 Percent as Inflation Delays Rate Cuts
Egypt growth outlook cut to about 5 percent as stubborn inflation forces the Central Bank of Egypt to delay interest...
August 15, 2026
Suez Canal Revenue Climbs 13% — Because Hormuz Is Shut
Suez Canal revenue rose 13% to US$1.26 billion in the second quarter of 2026, driven by tanker traffic rerouted by...
August 14, 2026
Bab el-Mandeb Security: Saudi-led Fleet Guards Key Oil Route
Egypt backs Riyadh as Houthi maritime blockade of Saudi Arabia threatens a chokepoint handling over 10% of global seaborne oil...
July 22, 2026
IMF Upgrades Egypt’s Growth Outlook as Economy Shifts to Expansion
The IMF raised Egypt's 2026 growth projection to 4.6%, citing non-oil manufacturing and tourism. But state dominance still threatens durable,...
July 20, 2026 Egypt’s $4.69 Billion Abrams Tank Upgrade Alarms Israel
Egypt and the US are working on a $4.69 billion programme to upgrade 555 M1A1 Abrams tanks, a move alarming...
July 17, 2026 Egypt Locks In a $4.69 Billion Abrams Tank Deal With the US
A $4.69B U.S. Foreign Military Sale will refurbish 555 Egyptian M1A1 Abrams tanks with new thermal sights, engines, and transmissions...
July 16, 2026
Egypt’s Economic Struggle Amid Red Sea Turmoil
In early 2024, Egypt's Suez Canal saw its income fall by 40%. Houthi attacks in the Red Sea caused this...
January 19, 2024