Saturday 1 October 2016
 
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Suez Canal

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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Egypt picks experts for Suez Canal land valuation

The Egyptian government has chosen three consulting firms - Misr Capital, Al Nour Consulting Group, and Global Appraisal Tech (GAT) - to value the land of the Suez Canal Economic Zone. The trio started valuing the land prices last

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Suez Canal revenues up 4pc to $3.18bn

Revenue from Egypt's Suez Canal reached $3.183 billion in the period between January 1 and August 6, 2016, up 4 percent from $3.059 billion in the same period last year, the Suez Canal Authority chairman said on Saturday. Moha

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Egypt Suez Canal revenue drops to $350bn in February

Egypt's Suez Canal revenue in February reached EGP3.108 billion ($350 million), down from EGP3.179 billion ($358.28 billion) the month before, the data from the canal authority showed. The website did not explain why a dollar

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Toyota to set up vehicles harbour at Suez Canal

Egypt has signed a memorandum of understanding (MoU) with Toyota to establish a harbour for vehicles at the Suez Canal area, said a senior official in a report. The move will make the zone an auto distribution centre, which could

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Suez Canal revenues drop to $411.8m

Egypt's Suez Canal revenues fell in January to $411.8 million from $429 million in December, data on the Suez Canal Authority's website showed on Monday. The canal is the fastest shipping route between Europe and Asia and

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Suez Canal Economic Zone industry ops to start in 2020

Egypt is working on infrastructure at the Suez Canal Economic Zone that will allow industry investing in the area to start production by 2020, the head of the General Authority for the Suez Canal Economic Zone told Reuters in an interview.

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Suez Canal Economic Zone industry ops to start in 2020

Egypt is working on infrastructure at the Suez Canal Economic Zone that will allow industry investing in the area to start production by 2020, the head of the General Authority for the Suez Canal Economic Zone told Reuters in an interview.

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Suez Canal Axis Development project becomes economic zone

The area of the Suez Canal Axis Development project has been made into an economic zone following a decree by Egypt’s President Abdel Fattah Al-Sisi, according to a report.   Former minister of state for administrative d

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