Suez Canal Authority
Wed. Suez Canal traffic reaches 2nd highest recorded
Egypt
January 2, 2019
Wed. Suez Canal traffic reaches 2nd highest recorded
Traffic passing through the Suez Canal on Wednesday reached the second highest daily traffic recorded in the history of the…
Egypt did not sell 49% of Suez Zone to another Arab country: IDSC
Business
December 7, 2018
Egypt did not sell 49% of Suez Zone to another Arab country: IDSC
The Egyptian Cabinet’s Information and Decision Support Center (IDSC) denied rumors circulated by some websites and social networking pages,…
Egypt cuts fees for ships arriving at East Port Said
Business
October 19, 2018
Egypt cuts fees for ships arriving at East Port Said
CAIRO (Reuters) – Egypt will reduce the tariffs on container ships and ferries coming from foreign ports to East…
East Port Said receives €70m in German investments
Egypt
August 15, 2018
East Port Said receives €70m in German investments
The East Port Said Development company (EPSD) has signed two agreements on Tuesday worth €70 million of investments with local…
Sisi to open new tunnels under Suez Canal in October
Egypt
August 3, 2018
Sisi to open new tunnels under Suez Canal in October
President Abdel Fattah al-Sisi will officially open four tunnels beneath the new and old Suez Canals on 6 October, according…
Suez Canal records highest ever revenues for 2017-18, official
Egypt
June 30, 2018
Suez Canal records highest ever revenues for 2017-18, official
The Suez Canal made record revenues during the fiscal year 2017/2018. Chairman of the Suez Canal Authority, Mohab Mamesh, said that…
Egypt, Russia sign agreement for Russia’s Suez Canal industrial zone
Business
May 24, 2018
Egypt, Russia sign agreement for Russia’s Suez Canal industrial zone
After two years of negotiations Egypt and Russia signed an agreement on Wednesday to establish the Russian industrial zone in…
Suez Canal revenues increase by 3.4 percent: SCA chairman
Egypt
November 12, 2017
Suez Canal revenues increase by 3.4 percent: SCA chairman
Chairman of the Suez Canal Authority (SCA), Mohab Mamish, said on Saturday that the Suez Canal’s revenues surged to $4.3 billion in…
World’s largest oil tank crosses Suez Canal
Egypt
September 22, 2017
World’s largest oil tank crosses Suez Canal
Chairman of the Suez Canal Authority, Mohab Mamish, said that the largest oil tank in the world, BW CATCHER, with…
DP World, Egypt sign agreement to develop Ain Sokhna
Egypt
September 22, 2017
DP World, Egypt sign agreement to develop Ain Sokhna
Chairman of the Suez Canal Authority Mohab Mameish and CEO of DP World Sultan Ahmed Bin Sulayem signed an initial…