Suez Economic Zone Secures $30 Billion Financing

The Suez Economic Zone Authority announced securing $30 billion in long-term financing, a major boost for regional development and investment attraction.

The Suez Economic Zone Authority announced that it has secured long-term bank financing totaling 30 billion... This is a significant achievement for the development of the region and the strengthening of its economic potential. The financing will be directed towards the implementation of key infrastructure projects and attracting new investments.

Latest news

See all news

2025-10-30T13:11:51+00:00

Egyptian Banks Publish Currency Exchange Rates

Egyptian banks revealed foreign exchange rates on Thursday; the US dollar trades around 31 pounds. Rates remain stable due to Central Bank measures.

Economy Country

2025-10-30T01:42:13+00:00

IPO Surge in the Middle East and North Africa

Q3 2025 witnessed a 120% surge in IPOs in the MENA region, driven by mid-cap companies, totaling $700 million in capital raised.

Economy Politics Country

2025-10-30T01:42:12+00:00

Suez Canal Navigation Restored After Refloating Oil Tanker

The Suez Canal Authority announced navigation has returned to normal in both directions after rescue teams successfully refloated the oil tanker 'Commander' that ran aground. Five tugboats were involved in the operation.

Economy Events Country

2025-10-29T23:34:42+00:00

Egyptian Donkeys: From Transport to Therapy

The head of the Egyptian Farmers' Union highlights the psychological benefits of donkeys and calls for their protection from extinction due to economic exploitation.

Health Economy Politics Country