President Abdel Fattah El-Sisi has reinforced Egypt’s ambition to transform the Suez Canal Authority (SCA) from a global waterway operator into a regional maritime manufacturing and export hub, as the Authority secured its first exports of locally built tug boats to Europe while reporting a recovery in canal traffic and revenues during fiscal year 2025/26. [...] The post El-Sisi Accelerates Suez Canal Shipbuilding Strategy as Exports Reach Europe appeared first on The Middle East Observer .
