Suez Canal Authority

August 16, 2015

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,…

July 18, 2015

President Abdel Fattah Al Sisi issued a decree amending provisions of law number 124/1963 to grant the Suez Canal Authority…

July 14, 2015

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

February 24, 2015

The giant Panamanian container ship MSC Oscar, which is the largest container ship in the world, paid US$895,000 in fees…

September 1, 2014

Suez Canal Authority Chief Mohab Mamish said the new Suez Canal Authority is set to open on 5 August.

July 2, 2014

The Suez Canal achieved in 2013-2014 its highest revenues since it opened for international navigation in 1869, Suez Canal Authority…

January 6, 2014

Prime Minister Hazem al-Beblawy announced on Monday the official inauguration of the Suez Canal area development project. He said revenues from…

March 9, 2013

Suez Canal Authority spokesperson Tareq Hassanein said Saturday that the canal is safe for navigation and that traffic continues as…

January 31, 2013

The Suez Canal Authority said Thursday it would increase fees up to 5 percent for the vital waterway as of…

January 27, 2013

Ongoing clashes between security forces and demonstrators in cities close to the Suez Canal since Friday have not affected navigation…