Thursday 16 August 2018
 
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Suez Canal

DP World, Suez Canal Authority sign industrial zone deal

An agreement to implement the first phase of development of an integrated industrial and residential zone in Sokhna, Egypt, has been signed in Dubai today between DP World, the Suez Canal Authority and the Suez Canal Economic Zone (SCZone).&nb

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DP World, Suez Canal Authority sign industrial zone deal

An agreement to implement the first phase of development of an integrated industrial and residential zone in Sokhna, Egypt, has been signed in Dubai today between DP World, the Suez Canal Authority and the Suez Canal Economic Zone (SCZone).&nb

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41 ships transit Suez Canal with 2.5m T cargo

Up to 41 vessels transited the Suez Canal yesterday (December 18), with a total cargo of 2.5 million tonnes, a media report said. The north-bound convoy included 17 vessels laden with 1.1 tonnes while the south-bound convoy includ

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Suez Canal revenues up to $447m in July

Egypt's revenues from Suez Canal trade increased in July, registering $447.1 million compared to $429 million the same month last year, a report said. Receipts also rose from June to July, registering $427 million, reported Em

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Egypt plans to rework toll for vessels

Egypt is discussing with global shipping firms plans to rework the way it charges vessels to pass through the Suez Canal, offering discounts for advance payments as it seeks to raise much-needed hard currency from a struggling industry, said a r

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Saudi-Egypt JV to build $1bn steel complex in Suez

Egyptian Suez Canal Authority (SCA) has signed a partnership agreement with a leading Saudi organisation to set up an iron and steel factory in the Ain Sukhna region of Egypt at an investment of $1 billion said a report. As per th

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Saudi-Egypt JV to build $1bn steel complex in Suez

Egyptian Suez Canal Authority (SCA) has signed a partnership agreement with a leading Saudi organisation to set up an iron and steel factory in the Ain Sukhna region of Egypt at an investment of $1 billion said a report. As per th

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Seatrade summit to discuss Suez Canal issues

The latest issues surrounding the new $8 billion Suez Canal expansion and the consequences for the global maritime industry will come under focus at the upcoming Seatrade Maritime Middle East (SMME) exhibition and conference in Dubai, UAE.

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Suez tunnel work to be completed by 2018-end

Egyptian construction groups Arab Contractors (AC) and Orascom Construction have started work on a E£18-billion ($2 billion) tunnel construction project which will be completed by the end of 2018, said a report. Under this p

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Suez Canal revenue rises to $429m in July

Egypt's Suez Canal revenue rose by 2.5 per cent in July from a month earlier, data from the Cabinet Information Center showed. Suez Canal revenue reached $429 million in July compared with $418.7 million in June.

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