According to a ship rescue company, the Evergiven, which blocks the Suez Canal's navigator, could be stuck for weeks, impeding the movement of oil and fuel shipments between Europe, the Middle East and Asia.

Shipping sources said that the Suez Canal traffic stop is exacerbating the problems of shipping lines, which are already facing disruption and delays in supplying goods to consumers.

Shell Egypt has signed agreements for two maritime gas concession zones on average.

Egyptian President Abdel Fattah Al - Sisi has called for the strengthening of efforts to deepen domestic industrialization and technology settlement to meet the needs of the domestic market, given the growing production requirements of national enterprises in all areas.