ijra — Live news map of the Middle East, Sudan and Pakistan

Madbouly issues decision transferring ownership of two maritime companies to the Suez Canal Authority

Suez Canal, Egypt ·

The official gazette published decision No. 3531 of 2026 issued by Prime Minister Mostafa Madbouly, which transfers full ownership of two maritime companies, one of them in engineering and marine construction in Port Said, from the Holding Company for Maritime Industries and Services and Investment to the Suez Canal Authority. The gazette issue is dated 9 November 2026.

The Suez Canal Authority is an Egyptian public body that runs the Suez Canal, a key route linking the Mediterranean and the Red Sea.

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