SCA, Anchorage Partner to Develop $6Bn Petrochemicals Complex at Ain Sokhna

• Thursday, 23rd October 2025
• by Doaa Ashraf

The Suez Canal Authority (SCA) has signed an agreement with Anchorage Investments, an Egyptian company specialized in investing in and operating companies in the mining and petrochemical sectors,  to establish a major...

El Sisi Highlights Zohr Field’s Remarkable Role in Generating Electricity

• Sunday, 11th September 2022
• by Fatma Ahmed

President Abdel Fattah El Sisi has highlighted the remarkable role of the Zohr field for Egypt in generating electricity throughout the past years. This statement was made during the ceremony to launch the marine unit...

Suez Canal Authority Reduces Transit Rebate on LNG Carriers to 15%

• Wednesday, 27th October 2021
• by Editorial Team

Suez Canal Authority (SCA) reduced the rebate granted to liquefied natural gas (LNG) carriers to 15% from 25%, according to a statement published on its website. This decision will be effective as of November 1, 2021....

Idku, Svitzer Extend Contract for 5 Years

• Wednesday, 3rd June 2020
• by Editorial Team

Svitzer, a leading provider of marine services, extended its ongoing contract with the Egyptian liquefied natural gas (LNG) Idku plant for five years, according to a statement. Svitzer will provide Idku’s plant with f...