Suez canal

Suez Canal introduces cheaper tolls for empty US oil vessels travelling to Gulf
Business

Suez Canal introduces cheaper tolls for empty US oil vessels travelling to Gulf

The Suez Canal Authority has announced a decision to reduce the toll on empty US oil vessels sailing through the…
Egypt’s Suez Cement says profit transfers hit by currency crisis
Business

Egypt’s Suez Cement says profit transfers hit by currency crisis

Suez Cement, which is 55 percent owned by Italian firm Italicementi, is struggling to transfer shareholder profits out of Egypt…
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 conference brings shipping industry together
Egypt

Suez Canal conference brings shipping industry together

Former Prime Minister Ibrahim Mahlab inaugurated the first international Suez Canal conference on Monday, titled "Opportunities and Challenges".The event was…
Suez Canal revenues down 5.3% in 2015: chief
Business

Suez Canal revenues down 5.3% in 2015: chief

Egypt’s Suez Canal revenues dropped by 5.3 percent in 2015 to US$5,175 billion, down from US$5,465 billion, Suez Canal Authority…
Suez Canal receives first eco-friendly vessel
Egypt

Suez Canal receives first eco-friendly vessel

“The biggest” eco-friendly ship passed through the Suez Canal on Wednesday, the head of the Suez Canal Authority, Mohab Mamish, said…
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…
US aircraft carrier, warships cross Suez Canal
Egypt

US aircraft carrier, warships cross Suez Canal

The US aircraft carrier the USS Harry Truman and eight other warships crossed the Suez Canal amid tight security measures…
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…
Egypt to complete East Port Said side channel by June 2016
Egypt

Egypt to complete East Port Said side channel by June 2016

Egypt plans to complete a side channel in East Port Said, near the Suez Canal, that would speed up shipping…
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