Suez Canal Authority
The launch took place at IHC’s shipyard in Krimpen a/d IJssel, The Netherlands, and was witnessed, through the videoconference, by chairman of SCA Osama Rabei.2
He promised to exert more efforts to increase the revenues of the canal.
President Abdel Fatah al-Sisi appointed on Saturday Vice Admiral Osama Rabie as chairman of the Suez Canal Authority to succeed Vice Admiral Mohab Mamish.
The Suez Canal Authority denied signing a contract with the Ministry of Finance to pay all its debts.
Egyptian exports skyrocketed to hit $ 14.3 billion within the last 6 months of the current fiscal year 2018/2019.
Russian Minister of Economic Development Maxim Oreshkin on Thursday revealed that talks between Egypt and the Eurasian Economic Union (EAEU) on the establishment of a free trade zone
The meeting took up also implementing ventures inside new platforms in east Port Said which have been finalized according to international standards.
The figure represents 99.8 percent of the total disputes with investors.
Navigation movement at the Suez Canal hit a record high on Saturday, with 49 ships transiting the international waterway carrying 4.2 million tons
The protocol was signed by Chairman of the Suez Canal Authority and the Suez Canal Economic Zone, Mamesh, and Vice Chairman and CEO of Agility, Tarik Sultan.
Fifty-two ships transited the Suez Canal on Thursday, with a total cargo of 3.4 million tons
Head of the Suez Canal Authority Admiral Mohab Mamish said around 18 thousand ships and a million tons of total cargo passed the Suez Canal throughout 2017.
A total of 145 ships have crossed the Suez Canal during the last three days with a load of 8.2 million tons.
Head of SCA Mohab Mamish and CEO of Dubai International Group initialed an agreement on implementing the first phase of the international Sokhna project.
The league included the National Bank of Egypt, Banque Misr, Banque du Caire, Suez Canal, Arab African Bank and Commercial International bank.
About 235 ships transited the Suez Canal during the past five days with a total cargo of 15.5 million tons, according to Suez Canal Authority head.
Floating bridges will accelerate development and will revive projects east of the Suez Canal.
President Abdel Fatah al-Sisi has inaugurated on Saturday the giant Offshore Support Vessel, named Ahmed Fadel.
Mohab Mamesh signed a memorandum of Understanding (MoU) with the French Ecoslops co to establish a new company.
The revenues of the corresponding period in 2016 were $389.2 million.