Search Results for: Suez Canal

Government denies rumors of selling the Suez Canal for a trillion dollars
Egypt

Government denies rumors of selling the Suez Canal for a trillion dollars

The Egyptian government on Sunday refuted an audio clip spread online claiming that the government intends to sell the Suez…
Suez Canal announces 50% discount on transit fees for smaller boats
Egypt

Suez Canal announces 50% discount on transit fees for smaller boats

The Suez Canal Authority’s Transit Department announced on Wednesday a reduction of up to 50 percent on transit fees for…
SCA chief: Suez Canal Museum to preserve, document canal’s history
Egypt

SCA chief: Suez Canal Museum to preserve, document canal’s history

Chairman of the Suez Canal Authority (SCA) Osama Rabie on Friday 29/03/2024 underscored the great importance of the Suez Canal…
Sisi appoints 3 new vice presidents to Suez Canal Economic Zone
Egypt

Sisi appoints 3 new vice presidents to Suez Canal Economic Zone

Egyptian President Abdel Fattah al-Sisi issued a Republican Decree on Sunday appointing Major General Mohamed Ahmed as Vice President of…
‘Is this the best time to dig a new Suez Canal?’ – MP questions Egyptian Government
Egypt

‘Is this the best time to dig a new Suez Canal?’ – MP questions Egyptian Government

Egyptian Parliament member and Vice-President of the Social Democratic Party, Freddy al-Bayyadi, raised an issue to the Prime Minister regarding…
Egypt prepares giant project to expand Suez Canal
Egypt

Egypt prepares giant project to expand Suez Canal

Egypt is preparing to conduct a feasibility study on a giant new project aiming to expand the Suez Canal to…
Suez Canal revenues decline up to 50% due to Red Sea tensions: Sisi at EGYPES 2024
Egypt

Suez Canal revenues decline up to 50% due to Red Sea tensions: Sisi at EGYPES 2024

Egyptian President Abdel Fattah al-Sisi confirmed on Monday that Suez Canal revenues have fallen by between 40-50 percent due to…
Suez Canal revenues drop by 40% over Red Sea incidents: Official
Egypt

Suez Canal revenues drop by 40% over Red Sea incidents: Official

The Chairman and Managing Director of the Suez Canal, Osama Rabie, announced Tuesday that the number of ships passing through…
Navigation in Suez Canal operating as usual: Official
Egypt

Navigation in Suez Canal operating as usual: Official

The Chairman and Managing Director of the Suez Canal, Osama Rabie clarified that “there is no truth to the suspension…
Worldwide leading container shipping company Evergreen notifies Suez Canal of return to the Red Sea
Egypt

Worldwide leading container shipping company Evergreen notifies Suez Canal of return to the Red Sea

The Taiwan-based company Evergreen Group sent a notification to the Suez Canal and logistical companies that it would resume navigation…
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