Suez canal

Osama Rabie: Suez Canal first choice for all world navigation lines
Egypt

Osama Rabie: Suez Canal first choice for all world navigation lines

Chairman and Managing Director of the Suez Canal Authority (SCA) Osama Rabie said Suez Canal ranks first on world transit…
SCZONE signs dlrs 500 mn contract for 2nd container terminal
Egypt

SCZONE signs dlrs 500 mn contract for 2nd container terminal

The General Authority of the Suez Canal Economic Zone (SCZONE) signed a dlrs 500 million contract for a second container…
Photos: The first giant gas-powered cruise ship crosses Suez Canal
Egypt

Photos: The first giant gas-powered cruise ship crosses Suez Canal

The head of the Egyptian Suez Canal Authority, Osama Rabie, announced Thursday, that the giant passenger ship MSC WORLD EUROPA…
Egypt reduces total deficit to 6.1% of GDP in FY 2021/22: ministry
Business

Egypt reduces total deficit to 6.1% of GDP in FY 2021/22: ministry

Egypt recorded in the fiscal year ending in June 2022 a growth rate of 6.6 percent, and a primary surplus…
Suez Canal hits highest ever annual revenue, oil sector records surplus of $5 bln: minister
Business

Suez Canal hits highest ever annual revenue, oil sector records surplus of $5 bln: minister

The Suez Canal achieved the highest return of about US$7 billion in the fiscal year 2021/2022, and the oil sector…
Three yacht ports to be established from Suez Canal revenues: Sisi
Business

Three yacht ports to be established from Suez Canal revenues: Sisi

Three yacht ports will be established from the revenues of the Suez Canal, without prejudice to the allocations of the…
Suez Canal Authority re-floats stranded ship in Suez Canal
Egypt

Suez Canal Authority re-floats stranded ship in Suez Canal

The Suez Canal Authority issued a statement after re-floating a stranded huge ship in the canal’s shipping lane on Wednesday…
Remittances from expats rise 1.6% to $31.9 bln in 2022: CBE
Business

Remittances from expats rise 1.6% to $31.9 bln in 2022: CBE

Remittances from Egyptian expatriates increased during the fiscal year 2021/2022 at a rate of 1.6 percent, recording about US$31.9 billion,…
Suez Canal records highest monthly revenue in its history
Egypt

Suez Canal records highest monthly revenue in its history

The navigation statistics in the Suez Canal made new records during July , achieving the highest monthly transit rate in…
Osama Rabie: Suez Canal achieves the highest annual revenue in its history
Egypt

Osama Rabie: Suez Canal achieves the highest annual revenue in its history

  Head of the Suez Canal Authority Osama Rabie announced, on Monday, that the navigation statistics in the canal during…
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