Port Said is at the Mediterranean end of the Suez Canal, that’s why it was developed. Early in the 20th century it became a major trading port and had a fast-growing population of people from all around the Mediterranean. The buildings were tall, with many balconies & verandahs, and commonly built of wood (see link below), which gives the city a fairly distinctive appearance. The European quarter was more substantial buildings and tree-lined streets. (Here.)
I’m not sure about the location of this one. Down the road a bit more and on the right (not visible in this image) is El-Tawfiqi Mosque, which seems to be here and there might be water in the background, so the street might be sort of around here.