Latest in Tag: suez canal
Egypt upholds detention of Ever Given in Suez Canal
Ever Given ship refloated after blocking Suez Canal for six days
Foreign offices to promote New Suez Canal Axis project: Tourism minister
1Suez Canal, Siemens sign cooperation protocol to promote digital transformation
Suez Canal, Siemens sign cooperation protocol to promote digital transformation
The joint cooperation stipulates studying ways of cooperation in terms of providing training services by Siemens to develop and enhance the efficiency of the technical staff in the authority, including engineers and technicians, in addition to studying ways to develop the training centers of the authority, according to the statement.
Daily News Egypt
October 13, 2021
Egypt’s Planning Ministry unveils Suez Canal development strategy for FY 2021/22
Plan aims to increase Suez Canal revenues by 5.6% to EGP 93.9bn, says Hala El-Said
Daily News Egypt
August 29, 2021
Egypt agrees $540m compensation for Suez Canal obstruction incident
Egypt has signed a preliminary agreement with the owners of the Ever Given ship that blocked the Suez Canal in March, to pay $540m in compensation, Al Arabiya reported citing anonymous sources. According to the agreement, the Suez Canal Authority (SCA) will not file a complaint regarding the issue, and that the SCA will provide …
Nehal Samir
July 1, 2021
Egypt keen to maximise Suez Canal potential: SCA Head
Egypt hails long-standing historical relations with Pakistan
Daily News Egypt
June 15, 2021
Egypt upholds detention of Ever Given in Suez Canal
Japanese owners of ship say SCA at fault for ship’s grounding, disputes detention
Daily News Egypt
May 23, 2021
ALEXBANK hosts webinar on Suez Canal’s Pivotal Role in Mediterranean, Global Maritime Economy
Bank cooperated with Italian company SRM since 2015 to analyse actual performance of Suez Canal
Hossam Mounir
May 23, 2021
Egypt develops Suez Canal in line with international trade movement: Al-Sisi
Suez Canal Authority has integrated programme to modernise Egypt’s maritime fleet, says Chairperson Osama Rabie
Bassant Mohammed
May 11, 2021
Opinion|The Nile is a red line
I mean here his statement about the Grand Ethiopian Renaissance Dam (GERD) negotiations, when he said, “We do not threaten anyone, but no one can take a drop of water from Egypt. Otherwise, the region will witness a state of instability that no one could imagine. And whoever wants to test us, let him please.”
Dr. Hatem Sadek
April 6, 2021
All waiting ships cross Suez Canal on Saturday after Ever Given incident
About 12% of world trade volume passes through man-made canal
Daily News Egypt
April 3, 2021
Egypt’s Suez Canal has been significant to world trade for 160 years: Al-Sisi
President thanks countries that offered assistance to Egypt for re-floating trapped ship
Bassant Mohammed
March 30, 2021
After 6-day blockage, traffic in Suez Canal resumes as trapped ship re-floated
‘I thank every loyal Egyptian who contributed technically, practically to ending this crisis,” says Egyptian President Al-Sisi
Mohamed Samir
March 29, 2021
Suez Canal: Egypt’s gift to world, lifeblood of international economy
On its opening, international waterway reduced journey from Arabian Sea to London by 8-10 days
Daily News Egypt
March 29, 2021
Ever Given ship refloated after blocking Suez Canal for six days
Navigation in Suez Canal will be resumed once Ever Given is fully floated and anchored in the great bitter lakes, hopefully within hours
Mohamed Samir
March 29, 2021
Egypt’s Al-Sisi orders unloading vessel blocking Suez Canal, if dislodging efforts fail
Daily losses at Suez Canal placed at between $13-14m, says SCA Chairperson Osama Rabie
Daily News Egypt
March 28, 2021
Germany ready to help end Suez Canal crisis at Egypt request: Ambassador Nunn
About 20% of Germany’s exports and imports transported through Suez Canal
Daily News Egypt
March 28, 2021
International Maritime Organization praises Egypt’s efforts in dealing with Suez Canal blockage
IMO says it’s aware of implications of temporary closure of canal, asking for patience from stakeholders across supply chain
Daily News Egypt
March 27, 2021
321 vessels stuck at Egypt’s Suez Canal, all needed logistics provided: SCA Chairperson
Any premeditation in ship’s stranding ruled out, investigations to take place to clarify truth, says Osama Rabie
Nehal Samir
March 27, 2021
Navigation on Egypt’s Suez Canal temporarily suspended: Official
Egypt’s Suez Canal Authority continues efforts to free huge container ship blocking world’s busiest waterway
Daily News Egypt
March 25, 2021
Crude oil price rises after Suez Canal blockage
Approximate rate of backlog is 50 vessels/day, any delays leading to re-routings will add 15 days to Middle East to Europe voyage
Adham Youssef
March 24, 2021
Egypt-Asia diplomatic meeting discusses strengthening economic relations
The meeting took place in the presence of: Walid Gamal El-Din, Executive Director of the Suez Canal Economic Zone (SCZone)
Daily News Egypt
December 8, 2020
Suez Canal revenues record $27.2bn in five years
Since start of pandemic, Suez Canal’s revenues have reached $3.3bn
Daily News Egypt
August 6, 2020
Suez Canal traffic unaffected by pandemic, records 2% revenues increase
Maritime traffic in Suez Canal rose 8.7% in first four months of 2020, says Canal’s Chairman
Daily News Egypt
May 4, 2020
Al-Sisi inaugurates new Suez Canal tunnel marking Sinai Liberation Day
Work on tunnel has started 4 years ago
Sarah El-Sheikh
April 22, 2020
Suez Canal’s revenues rise by 1.3%, recording $5.8bn in 2019
SCA decided to raise crossing-fees by 5% on bulk barriers and LPG tankers, starting April
Daily News Egypt
January 5, 2020
Al-Sisi inaugurates several national projects in Suez Canal
During a speech, Al-Sisi affirmed that the state is currently focusing on the health and education sectors, adding that the state facilitated 300,000 operations under the initiative to end the waiting lists in one year, at a cost of more than EGP 2bn.
Daily News Egypt
November 27, 2019
Suez Canal’s tunnels to operate soon: SCZone chairperson
Zaki calls on Egyptian expats to closely identify the possible opportunities in the zone
Hagar Omran
October 19, 2019
Suez Canal revenues hike by 5.4% to reach $5.9bn in FY2018/19
Mamish revealed in a press conference on Tuesday evening that $25bn was invested in the Suez Canal Economic Zone (SCZone), across 192 projects that have been carried out.
Daily News Egypt
August 8, 2019
Suez Canal’s transfers to Egypt’s public budget reached its highest level ever in FY 2018/19
Canal’s revenues increase by 40.4% in current FY recording EGP 104.2bn
Daily News Egypt
June 10, 2019
Suez Canal revenues hit $506.1m in October
May, August 2018 highest in revenues value, Suez Canal earned monthly profits worth EGP 8.9bn: CAPMAS
Daily News Egypt
December 1, 2018
Al-Sisi visits Suez Canal tunnels, sites of New Administrative Capital
Announced cost of NAC is $45bn, expected to host 5 million people by 2050
Daily News Egypt
November 24, 2018

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