Suez Canal Authority

Wed. Suez Canal traffic reaches 2nd highest recorded
Egypt

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

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

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

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

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

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

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

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

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

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…
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