suez canal

Traffic not disrupted in Suez Canal after tanker breaks down: SCA

Wed, 01 Feb 2023 - 05:17 GMT

A tanker that broke down in Suez Canal on Wednesday has not disrupted traffic in the international maritime route and was pulled to the side of the canal, Suez Canal Authority (SCA) Chairman Osama Rabie said.

Logos Hope 'World’s Largest Floating Library' crosses Suez Canal

Tue, 24 Jan 2023 - 02:37 GMT

Logos Hope, the world’s largest floating library has crossed Suez Canal, coming from Port Said.

Sisi says economic conditions part of global crises, not result of national projects

Mon, 23 Jan 2023 - 03:02 GMT

Egypt’s President Abdel Fattah al Sisi denied on Monday all rumors that claimed that the harsh economic conditions the country is facing is a result of miscalculation or wasting the state’s money in an uneeded projects.

Egypt’s president orders localizing industries of producing renewable energy

Mon, 16 Jan 2023 - 07:27 GMT

Egyptian President Abdel Fattah El-Sisi ordered localizing complementary industries for the production of new and renewable energy, including green fuel, in a meeting with officials on Monday.

Know more about Egypt's plan to develop seaports

Sat, 07 Jan 2023 - 12:35 GMT

Achieving integration between Egyptian ports by developing an integrated plan that includes an investment map for Egyptian ports.

Suez Canal Authority fund not backdoor for selling the canal: SCA

Thu, 22 Dec 2022 - 10:58 GMT

The canal and its management will remain wholly owned by the Egyptian state and subject to its sovereignty, and the entire staff of the Canal Authority, including employees, technicians and administrators, will remain Egyptian citizens.

Suez Canal proposed bill aims to alter facility into independent fund: Parliament Speaker

Wed, 21 Dec 2022 - 02:55 GMT

Speaker of House of Representatives, Hanafy El-Gebaly, commented on the issue during Tuesday’s session, where he shut down speculations regarding selling the Suez Canal, emphasizing that Egypt is forever bound to protect, develop and sustain the canal as an international waterway.

Suez Canal revenues record remarkable increase in September: CAPMAS

Wed, 30 Nov 2022 - 11:04 GMT

The revenues of the Suez Canal in September recorded a remarkable increase compared to September of last year, according to data from the Central Agency for Public Mobilization and Statistics.

Vietnam expresses interest to invest in Egypt's SCzone

Tue, 29 Nov 2022 - 06:24 GMT

Head of the Suez Canal Economic Zone (SCzone) Walid Gamal El Din received Tuesday a Vietnamese parliamentary delegation in Cairo.

Egypt’s President Sisi directs to develop Lake Bardawil

Thu, 24 Nov 2022 - 03:50 GMT

These development efforts aim to increase the production of Lake Bardawil of high-quality fish from 4000 tons to 11,000 tons annually on the short term, and up to 50,000 tons on the medium term.

'Manakh' becomes Egypt's 1st solar-powered neighborhood

Thu, 17 Nov 2022 - 02:14 GMT

It spans over 3,312 square kilometers, and has almost 100,000 dwellers.

Suez Canal revenues expected to reach $7.8 B by end of year: Chairman

Wed, 16 Nov 2022 - 08:31 GMT

Lieutenant-General Osama Rabie, Chairman of the Suez Canal Authority (SCA), said on Wednesday that revenues of the Suez Canal are expected to reach $7.8 billion by the end of the year.

Learn about guests of Egypt at opening of Suez Canal in 1869

Wed, 16 Nov 2022 - 01:34 GMT

Six thousand guests attended the opening ceremony of the Suez Canal, which was held on November 16, 1869, in Port Said.

Suez Canal hits hightest daily transit rate as 94 ships cross in both directions

Mon, 07 Nov 2022 - 01:30 GMT

The navigation movement in the Suez Canal recorded Monday new and unprecedented records in terms of daily transit statistics, achieving the highest daily transit rate, with 94 ships crossed from both directions without waiting, with a total net tonnage of 5 million tons, said Lieutenant-General Osama Rabie, head of the Suez Canal Authority.

Egypt's Suez Canal to hold panel discussion at COP 27 on green solutions, investment opportunities

Sat, 05 Nov 2022 - 01:51 GMT

The panel discussion will take place at the Green Zone on November 11.

Significant rise in Egypt's revenues of exports, Suez Canal: Report

Sat, 05 Nov 2022 - 11:14 GMT

A report was recently issued by MAAT highlighting the significant increase in exports, upping the country's income during the year 2021.

SCA investments estimated at EGP 13.1 billion in FY2022/202323 - Planning

Sat, 05 Nov 2022 - 11:02 GMT

Investments of Suez Canal Authority are estimated at nearly 13.1 billion Egyptian pounds in the plan of action of year 2022/2023, said Egyptian Minister of Planning and Economic Development Hala Saeed.

Egypt raises transit tolls for vessels passing through Suez Canal by 15%

Sat, 17 Sep 2022 - 06:17 GMT

The SCA Chief also stated that the increase is inevitable and a necessity in light of the current global inflation rates that reached more than 8% which translates into increased operational costs and the costs of the navigational services provided in the Canal.

Accelerating digital transformation 'main pillar' in developing Suez Canal economic zone

Mon, 12 Sep 2022 - 03:46 GMT

The economic and social development plan for the fiscal year 2022/2023 revealed the continuation of development efforts for the economic zone of the Suez Canal, to maximize the economic returns from it.

Overview on Egyptian SCA’s new locally-manufactured maritime units

Thu, 08 Sep 2022 - 04:31 GMT

The units include dredgers, tugging boats, and ferries that come to raise the level of maritime services for transiting ships in the navigational waterway, according to a report issued by the SCA on Thursday.