Suez Canal Authority

Suez Canal Authority contemplates fee increase
Business

Suez Canal Authority contemplates fee increase

The Suez Canal Authority is considering increasing fees next year up to five percent, an authority source said Thursday. The…
Vessel breaks down in Suez Canal on one of busiest traffic days
Egypt

Vessel breaks down in Suez Canal on one of busiest traffic days

The Suez Canal has mended a Panamanian bulk vessel that broke down off the eastern shore of the canal on…
Suez Canal makes record revenue in two days
Business

Suez Canal makes record revenue in two days

Suez Canal Authority President Mohab Mamish said on Wednesday that the canal made record revenue of US$34.5 million in just…
Officials tout big plans for development in the Suez Canal
Business

Officials tout big plans for development in the Suez Canal

As Egypt struggles to emerge from a period of deep financial uncertainty, government officials are looking towards the country’s vital…
Deeper canal effluents will reduce waiting time, Suez official says
Egypt

Deeper canal effluents will reduce waiting time, Suez official says

Suez Canal Authority head Mohab Mamish said the deepening of the canal’s western effluents from 48 feet to 52 feet…
Egypt Suez Canal official sees stable revenue in 2012
Business

Egypt Suez Canal official sees stable revenue in 2012

Revenue from Egypt's Suez Canal will not fall this year from the US$5.2 billion it achieved in 2011, the head…
Suez Canal sees record revenues
Business

Suez Canal sees record revenues

Lieutenant General Mohab Mamish, Suez Canal Authority chairman, said that the canal hit a record in daily revenue Thursday with…
Mohab Mamish: New head of the Suez Canal Authority
Egypt

Mohab Mamish: New head of the Suez Canal Authority

Navy commander Mohab Mamish retired Sunday on the order of President Mohamed Morsy and was handed control of the important…
Suez Canal revenue rises 3.6 pct in 2011-12
Egypt

Suez Canal revenue rises 3.6 pct in 2011-12

  Revenue from Egypt's Suez Canal rose 3.6 percent for the financial year 2011/2012, which ended June 30, as compared…
US aircraft carrier passes through Suez Canal
Egypt

US aircraft carrier passes through Suez Canal

The US aircraft carrier USS Dwight D. Eisenhower CVN-69 passed through the Suez Canal on Wednesday, carrying 113,000 tons of…
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