Monday 8 February 2016
 
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Suez Canal

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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Rise in number of ships transiting Suez Canal

A total of 338 ships transited the Suez Canal with a total load of 19,388 million tonnes from November 6 to 12, compared to 322 ships with 18,214 million tonnes during the week before that, according to traffic data released by the canal.

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Sisi orders economic zone around Suez Canal

President Abdel Fattah Al-Sisi issued a decree establishing an economic zone for Egypt's Suez Canal, the country's state news agency said. Egypt inaugurated a major extension of the Suez Canal last week which President Sis

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Abu Dhabi’s NMDC plays key role in Suez Canal

Abu Dhabi-based National Marine Dredging Company (NMDC) deployed 26 dredgers and 40 additional equipment for the completion of the new Suez Canal, thus playing a key role in the development, the company’s CEO said. "We

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Suez Canal expansion opening to high hopes

Egypt will open an expansion to the Suez Canal to great fanfare today (August 6).  The project is the centrepiece of President Abdel Fattah Al Sisi's plans to revitalise the country's economy after years of damaging political turmoi

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Suez Canal ‘add-on’ lane to cut waiting times

Egypt’s Suez Canal, which is set to open on August 6, features an additional lane including 35 km of new channels, which will reduce waiting time for ships, a report said. The new channel also includes a further 37 km of new

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Egyptians ‘can build New Cairo Capital in one year’

Egyptian construction firms will be able to build the New Cairo Capital in one year, said a top official, underlining that the locals have a strong will to achieve their goals. Mohamed Abdel Raouf, a board member of the Egyptian F

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Egypt turns half of summit promises into projects

Egypt has turned more than half of initial agreements signed at a March investor conference into investment projects, the planning minister said, as Cairo tries to regenerate an economy battered by years of turmoil. The government

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