Latest news with #Ismailia
Zawya
a day ago
- Business
- Zawya
Egypt: Foodico's profits rise 32.87% YoY in Q1 2025
Arab Finance: Ismailia National Food Industries (Foodico) saw a 32.87% year-on-year (YoY) increase in its net profits after tax during the first quarter (Q1) of 2025, according to the audited financial statement on May 29th. Foodico achieved net profits after tax of EGP 42.433 million in the three-month period ended March 31st this year, compared to EGP 31.936 million in the corresponding period a year earlier. Net sales hit EGP 122.858 million in Q1 2025, up from EGP 78.082 million in Q1 2024. Foodico is an Egypt-based company engaged in the food industry. The company is involved in the production of vegetables, fruits, and agricultural products such as juices and beverages, in addition to manufacturing, freezing, canning, and drying vegetables, fruits, and legumes, among others. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Arab News
20-05-2025
- Entertainment
- Arab News
British pilgrims sailing from London to Saudi Arabia for Hajj
JEDDAH: A group of British adventurers are taking part in an extraordinary sailboat journey from the UK to Makkah to perform Hajj. The group of five from London, aged between 27 and 47, set off on the inspiring 7,400 km adventure from the English Channel on April 1 and expect to reach Saudi Arabia later this week. Sailors Abdul Wahid, Tauseef Ahmed, Jody McIntyre, Dobbir Uddin and Taher Akhtar have made several stops across Europe and North Africa, sharing the highs and lows of sea life with their growing community of followers on social media. Experiencing moments of faith, joy and frustration, and facing winds and storms in their sails, the 55-day adventure is also raising funds for orphan care charity Global Helping Hands. The group recently docked in Ismailia city in northeastern Egypt, and plan on making their way to towards the sacred lands of Saudi Arabia later this week. Speaking to Arab News from Ismailia, 38-year-old Wahid said the inspiration for the journey came from the mixed influences of his Muslim faith and the maritime history of the UK. 'It is kind of merging our religion Islam with the country we are residing, and reviving this long-forgotten way to Hajj,' he said. According to Wahid, none of the group's members had sailing experience before the trip. 'We undertook this journey with no prior experience, therefore, we went through a very intensive training for 6 months,' he said. 'We had to go into the sea for a week in order to get the training we needed and we managed to get to a very completive level internationally.' The adventure route led the group to go through the English Channel; the Port of Marseille in France; the Mediterranean islands Corsica, Sardinia, Sicily and Crete; the Strait of Messina; the Suez Canal in Egypt and finally the Red Sea leading to Jeddah. The group has spent almost two months being completely disconnected, off-grid and facing storms on the 1978 Westerly 33 Ketch. 'One of the weirdest highlights is the fact that we are here in the sea because we dreamed of a journey at sea — and made it a reality,' said Wahid. 'Imagine, this time last year we had no sailing experience just a rough plan and here we are about to end our journey.' He added: 'It was terrifying challenge for us but at the end of the day, alhamdulillah, we had a great reward and we are safe.' Ahmed said: 'One of the challenges we faced was in the French Canal where there was a blockage of 24 km and we had to lift the boat to the truck despite our delay which took about four days.' He added: 'Another serious challenge we faced, when we woke up in the morning and we were sinking because of a leak in the boat. Alhamdulillah, we were able to fix it and went on as per our schedule.' Surrounded by blue water, picturesque scenes, and the sporadic sight of marine life, Wahid described the most unforgettable moments of their journey: 'We encountered dolphins three times during our journey. 'We caught a glimpse of unusual shapes in the water. Soon, we realized that what we were seeing was a small pod of dolphins, playing and swimming in front of us. That was really an amazing scene.' Through the journey, the group aims to raise funds to support orphans in various countries, including Lebanon, Pakistan, Palestine, Uganda, and for Syrian refugees, offering much-needed assistance to the most vulnerable. The group has received more than £200,000 ($266,000) so far. 'This amount will support orphans in many places,' Wahid said. 'The second goal of this journey is for Da'wah purposes. 'We want to showcase to the world the beauty of pilgrimage in Islam in its original essence, in ancient ways it was performed weather it was walking, horse-riding or in this case sailing.' The expedition is set to complete its final sea passage, lasting up to a week, from Port Suez, Egypt to Jeddah in coordination with BWA Yachting Club KSA, the Red Sea Authority and with the support of JYC facilities.
Fox News
19-05-2025
- Fox News
Ancient Roman military fortifications found in 'strategic location' in Egypt
Ancient military fortifications dating back to the Ptolemaic and Roman eras of Egyptian history were recently uncovered by archaeologists. The Egyptian Ministry of Tourism and Antiquities announced the discovery in a Facebook post, which was translated from Arabic to English, on May 3. Officials said that a recent excavation at the Tell Abu Sefeh site led to the uncovering of an expansive military complex. The Tell Abu Sefeh site is located in North Sinai, near the Egyptian city of Ismailia and the Suez Canal. Described as one of Egypt's "important strategic locations," Tell Abu Sefeh emerged as a prominent location in antiquity. The ministry of tourism and antiquities said the site played a "pivotal role in protecting Egypt's eastern borders." There, archaeologists "uncovered remains of military fortifications, soldiers' residential units, and a trench indicating the possibility of another fortress in the area," according to the ministry. Aerial pictures show the sophisticated ancient military fortifications, along with artifacts such as basins and pots. Experts also believe that trees once lined a road to the fortress. "[M]ore than 500 clay circles were uncovered on both sides of the stone road, likely used for planting trees that adorned the entrance of the fortress during the Ptolemaic era," the release noted. Egyptian officials added that the soldiers' residences "provide a clear picture of the daily life of cavalry stationed at the Roman fortress during the reigns of Emperor Diocletian and Emperor Maximian." "[T]he discovery of four large kilns used for producing quicklime [also indicate] the site's transformation into an industrial center at the end of the Roman era, leading to the destruction of all stone structures at the site," the statement added. Archaeologists also discovered a road that was over 330 feet long and 36 feet wide. It was "paved with limestone slabs, extending from outside the eastern gate of the Roman fortress to the heart of the site." "[This] road is built over an older road from the Ptolemaic era, constructed from limestone slabs," the statement said. Egyptian Minister of Tourism and Antiquities Sherif Fathy said in a statement that the discovery "sheds light on the secrets of Egypt's eastern military fortifications during the Ptolemaic and Roman eras." "[It also] highlights the significance of Tell Abu Sefeh as a military and industrial center throughout the ages," the official added. Secretary-General of the Supreme Council of Antiquities Mohamed Ismail Khaled echoed Fathy's sentiment. The excavation "contributes to a more accurate depiction of the map of Egypt's defenses on its eastern borders, reaffirming that Sinai has always been Egypt's eastern gateway and first fortress," he added. It was "paved with limestone slabs, extending from outside the eastern gate of the Roman fortress to the heart of the site." "[The mission also] managed to uncover a distinctive architectural design for the eastern gates of the previously discovered Ptolemaic and Roman fortresses at the site, aiding in re-imagining the shape of defensive entrances at that time, along with a massive defensive trench over two meters deep at the entrance of the Ptolemaic fortress, believed to be part of a defensive system that could be disabled when threatened," Khaled added. The announcement comes weeks after the Egyptian Ministry of Tourism and Antiquities announced the unusual discovery of a false door at an ancient Egyptian tomb. Before that, the ministry reported another rare find: a 3,000-year-old mining complex, complete with remnants of millennia-old baths, workshops and homes.
The Herald
16-05-2025
- Sport
- The Herald
Amajita stun Nigeria — and reach their first U-20 Afcon final in 28 years
Amajita weathered a first-half storm, bravely regrouped and produced a second-half winner against the direction of play of the semifinal to stun Nigeria 1-0 and reach their second Under-20 Africa Cup of Nations (Afcon) final. Tylon Smith's 66th-minute headed goal at Suez Canal Stadium in Ismailia earned coach Raymond Mdaka's team the glory of a place in Sunday's final (8pm SA time), where they will meet either hosts Egypt or Morocco, who were playing in the later semifinal in Cairo (8pm SA time). This makes for the best performance by South Africa in the tournament since the under-20 team coached by Shakes Mashaba that contained stars like Benni McCarthy, Matthew Booth, Junaid Hartley and Stanton Fredericks. They lost 1-0 to hosts Morocco in the 1997 final. Amajita were fortunate to not go to the break a goal down after a first half where they at times had to desperately defend, the South Africans battling with Nigeria's physical presence and movement in attack.
Zawya
15-05-2025
- Business
- Zawya
Suez Canal Authority urges Maersk to resume transits amid improved Red Sea security
Egypt - Osama Rabie, Chairperson of the Suez Canal Authority (SCA), met on Wednesday with a senior delegation from A.P. Moller–Maersk Group to explore opportunities for renewed cooperation and a potential resumption of canal transits. The meeting, held at the SCA headquarters in Ismailia, came as part of Maersk's official visit to Egypt. The delegation was led by Camilla Jane Holtz, Vice President for Public Policy and Regulatory Affairs, and included regional representatives from key global markets: Hani El-Nady (Middle East and North Africa), Simon Bergulf (Europe), Doug Morganti (North America), Jens Eskelund (China and Northeast Asia), René Beil Pedersen (South and Southeast Asia), and Danilo de Morais Pires (Latin America). Rabie welcomed the delegation, describing the visit as a reaffirmation of the strategic and enduring partnership between the SCA and Maersk — one based on mutual interests and a shared commitment to the stability of global trade. Acknowledging the ongoing challenges in the Red Sea region, Rabie highlighted the impact on shipping routes, particularly with increased costs and extended transit times. He urged Maersk to reassess its current routing decisions and consider a gradual return to Suez Canal transits in light of improving security conditions. He also referenced the SCA's recently introduced incentive program — including a 15% discount for large container vessels — aimed at encouraging a return to the vital waterway. 'The global shipping community has responded positively,' Rabie noted, adding that regional and international momentum now supports practical solutions to restore navigational freedom in the Red Sea. Camilla Holtz reaffirmed Maersk's appreciation of the canal's strategic importance, emphasizing a relationship that spans over a century. 'The Suez Canal remains vital to our operations,' she said. 'We are closely monitoring the evolving security landscape and remain committed to resuming navigation through the canal when conditions allow.' Holtz also commended the SCA for its ongoing engagement with international shipping lines and described the new incentives as 'a constructive and welcome move.' Hani El-Nady confirmed that the Suez Canal remains Maersk's preferred route, stating that recent positive regional developments are under careful review. Doug Morganti expressed optimism for a full return to stability in the Red Sea, noting that vessel and crew safety remains a top priority. Jens Eskelund stressed the canal's essential role in global supply chain sustainability, acknowledging the significant disruption caused by the Red Sea crisis. He praised the SCA for its responsive and effective crisis management. René Beil Pedersen echoed the sentiment, describing the canal as a 'critical artery for global trade' and expressing hope for a near-term return to normal operations. Danilo de Morais Pires added that the Suez Canal stands as a model of strategic infrastructure management and resilience in the face of crisis.
