Osama Rabie

Egypt's PMI slips to 11-month low as Suez Canal disruptions impact economy

Tue, 05 Mar 2024 - 11:53 GMT

The latest PMI reading indicates a notable decrease in demand, output, and employment levels across various sectors of the Egyptian non-oil economy

Suez Canal’s dollar revenues drop 40% amid Red Sea tensions: SCA

Sat, 13 Jan 2024 - 06:33 GMT

During the first 11 days of January, the number of ships crossing the canal decreased by 30 percent to 544 ships, and the tonnage transversing the canal decreased by 41% compared to the previous year.

SCA denies suspending navigation through Suez Canal over Red Sea developments

Fri, 12 Jan 2024 - 11:07 GMT

‏Lieutenant General Osama Rabie, Chairman of the Suez Canal Authority, said on Friday that navigation movement in the canal is regular from both directions.

Photos: Suez Canal maintains normal traffic amid Red Sea tensions, says Chief

Sun, 17 Dec 2023 - 03:49 GMT

Osama Rabie, Chairman of the Suez Canal Authority, emphasized the normal flow of navigation through the Suez Canal, stating that the authority is closely monitoring the potential repercussions of ongoing tensions in the Red Sea on the canal's traffic.

ONE ORPHEUS container ship resumes transiting Suez Canal

Wed, 06 Dec 2023 - 10:06 GMT

ONE ORPHEUS container ship resumed its voyage in the Suez Canal normally after repairing a fault with its rudder and making sure that it is technically ready for shipping, Chairman of the Suez Canal Authority Osama Rabie said.

Egypt’s New canal played substantial role facing consequences of 'SEAVIGOUR' technical failure in waterway

Mon, 05 Jun 2023 - 12:59 GMT

Chairman of the Suez Canal Authority (SCA) Osama Rabie said that the new canal played substantial role facing the consequences of oil tanker ‘SEAVIGOUR,’ failure in the shipping lane, which delayed other vessels in the waterway.

Dredging work to expand, deepen Suez Canal’s southern sector nearing completion

Thu, 13 Apr 2023 - 08:13 GMT

88 percent of the dredging work to expand and deepen the southern sector of the Suez Canal has been completed, Chairman of the Suez Canal Authority (SCA) announced on Thursday.

Photos: Egypt’s Suez Canal sees all-time highest daily transit rate Monday: SCA chief

Mon, 13 Mar 2023 - 10:20 GMT

The Suez Canal has recorded its highest daily transit rate as 107 ships are set to cross the international trade route on Monday with net tonnage of 6.3 million tons, Chairman of the Suez Canal Authority Osama Rabie has said in a statement.

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.

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.

US CENTCOM commander hails Egypt’s vision to develop Suez Canal in meeting with SCA chief

Mon, 12 Sep 2022 - 04:05 GMT

Kurilla affirmed the importance of the Suez Canal as a vital lifeline for the entire world as he held a meeting on Monday with Osama Rabie, chairman of the SCA, during the former’s visit to Egypt.

Sisi urges developing Suez Canal Authority’s efforts to localize fishing vessels industry

Sat, 03 Sep 2022 - 06:36 GMT

In a meeting with SCA Chairman Osama Rabie, Sisi ordered developing these efforts to produce fishing boats that are used locally by fishermen in Egyptian lakes that have been developed, including Lake Manzala.

Egypt’s president extends tenure of Osama Rabie as chairman of Suez Canal Authority

Fri, 12 Aug 2022 - 11:41 GMT

Egyptian President Abdel Fattah El-Sisi has extended the tenure of Osama Rabie as chairman of the Suez Canal Authority (SCA) for another year effective from 12 August, the Official Gazette has reported.

Ships transiting Suez Canal increased by 10% this year: SCA chief

Fri, 20 May 2022 - 01:00 GMT

The number of ships transiting the Suez Canal has increased by 10 percent until May this year compared to the same period last year, Suez Canal Authority Chairman Osama Rabie said.

SCA chairman discuss maritime cooperation with PTA chief

Tue, 22 Feb 2022 - 02:39 GMT

Rabie said the Suez Canal enjoys several potentials which maximize its economic role as well as the well-experienced human cadres.

Suez Canal registers new record in January at 1,774 ships with tonnage of 106.1M tons

Wed, 02 Feb 2022 - 09:48 GMT

In a statement on Tuesday, Rabie said 1,774 ships transited the waterway in the two directions in January 2022 with a tonnage of 106.1 million tons compared with 1,594 ships in the same month in 2021.

Ship that ran aground in Egypt’s Suez Canal on Thursday successfully refloated

Thu, 09 Sep 2021 - 04:34 GMT

Suez Canal Authority announced quickly refloating the CORAL CRYSTAL ship that ran aground on Thursday in the canal.

Sisi follows up on Suez Canal Authority performance, investment projects in economic zone

Mon, 23 Aug 2021 - 09:46 GMT

Egyptian President Abdel-Fattah El-Sisi on Sunday followed up on the performance and activity of the Suez Canal Authority as well as the projects in the canal’s economic zone (SCZone) and the joint efforts to develop the canal’s economic axis.

1670 ships passed through Suez Canal in July: SCA chief

Thu, 05 Aug 2021 - 12:23 GMT

Head of the Suez Canal Authority Osama Rabie said on Wednesday that around 1670 ships have passed the Suez Canal in July.

SCA says satisfying solution on Ever Given ship that went aground in Suez Canal to be announced next week

Thu, 24 Jun 2021 - 09:26 GMT

Rabie said the solution would satisfy both parties and includes resolving the issue without going to the court in order to preserve the interests of all parties.