Suez Canal Authority

New Suez Canal did not cause spread of jellyfish along North Coast: authority
Egypt

New Suez Canal did not cause spread of jellyfish along North Coast: authority

The Suez Canal Authority issued a statement denying any relation between the drilling of the new waterway of the Suez…
Suez Canal revenues record $853.7 mn in March, April
Egypt

Suez Canal revenues record $853.7 mn in March, April

Suez Canal revenues over the past two months have reached $853.7 million, compared to $820.4 million for the same period…
Canal linking East Port Said to the sea opens amid fanfare
Egypt

Canal linking East Port Said to the sea opens amid fanfare

Prime Minister Sherif Ismail declared the East Port Said Canal officially open on Wednesday at a ceremony attended by numerous…
Suez Canal Authority to hold press conference Sunday
Egypt

Suez Canal Authority to hold press conference Sunday

Chairman of the Suez Canal Authority Mohab Mamish will hold a press conference Sunday morning at the Ismailia Maritime Simulation…
Suez Canal Authority chief to stay for another year
Egypt

Suez Canal Authority chief to stay for another year

President Abdel Fattah al-Sisi has extended the term of Suez Canal Authority chief Mohab Mamish for one extra year starting…
SCA signs deal with DP World for Ain Sokhna sea port development
Business

SCA signs deal with DP World for Ain Sokhna sea port development

Egypt’s Suez Canal Authority (SCA) and the Red Sea Ports Authority signed an agreement with Dubai Ports World and Sonker…
Banks consider $300 mn loan to Suez Canal Authority
Business

Banks consider $300 mn loan to Suez Canal Authority

Egyptian banks are considering a US$300 million loan to the Suez Canal Authority (SCA) to assist it with its financial…
SCA: 4-year delay in digging Port Said Canal cost US$1.9 bn
Business

SCA: 4-year delay in digging Port Said Canal cost US$1.9 bn

The delay in the excavation of the eastern Port Said canal, which was supposed to have been completed in 2011,…
Suez Canal Authority gains powers to set up joint stock firms
Egypt

Suez Canal Authority gains powers to set up joint stock firms

President Abdel Fattah Al Sisi issued a decree amending provisions of law number 124/1963 to grant the Suez Canal Authority…
New Suez Canal deepened further to 24 meters
Egypt

New Suez Canal deepened further to 24 meters

The New Suez Canal, the government’s most celebrated economic undertaking, has been dredged further to a 24-meter depth, the state-run…
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