Egypt: SCZone signs deal with Spain’s Tejedor Lazaro to boost fish farming cooperation

SCZone revenue jumps 40% in Q3 FY 2024/25 - Egyptian Gazette

The Suez Canal Economic Zone (SCZone) has announced a substantial increase in revenues, reaching LE8.6 billion by the close of the third quarter of the 2024-2025 fiscal year (July 2024 – March 2025). This figure, disclosed during a recent board meeting, represents a notable 40 percent surge in Suez Canal revenues compared to the corresponding period in the previous fiscal year. The SCZone board convened with the participation of the Ministers of…

Egypt: SCZone signs deal with Spain’s Tejedor Lazaro to boost fish farming cooperation

The agreement supports the government’s direction to attract foreign investment and promote joint ventures in large-scale development projects

Suez Canal Aquaculture Company, Tejedor Lázaro Group ink cooperation deal

Egypt's Prime Minister Mostafa Madbouly attended the signing of a Memorandum of Understanding (MOU) between the Suez Canal Fish Farming Company and Spain's Tejedor Lázaro Group, aiming to enhance cooperation in fisheries and aquaculture. The signing ceremony, held on Wednesday, saw Osama Rabie, Chairperson of the Suez Canal Authority, and Cristina Fraile,

The president of the Suez Canal Authority, Osama Rabie, declared this Wednesday that the Red Sea “is now safe” and called on the shipping companies to transit through Egypt, after many chose to take other routes when the Houthi terrorists from Yemen began their attacks on the navigation in November 2023. “I call on all ambassadors to convey to their shipping companies that the Red Sea is safe now. The last of the attacks by the Houthis was last …

It was reported that Egypt earned 39 billion 919 million dollars in revenue from the Suez Canal in 5 years.

EU Amb. Makes 1st Official Visit to Ismailia, Suez Canal

On her first official visit to Ismailia, Ambassador Angelina Eichhorst, Head of the European Union Delegation to Egypt, met with Admiral Osama Rabie, Chairman of the Suez Canal Authority, to explore opportunities for cooperation and investment between the Authority, the EU, and its member states.