Latest News for: Suez


AD Ports, Suez Canal Economic Zone partner to develop projects in Egypt

Gulf Business 23 Mar 2023
The ports operator will develop projects in the ports of East Port Said, West Port Said and Al Areesh . .

Suez Canal Authority Reports 40 percent Increase in Q1 2023 Revenue

MENA FN 23 Mar 2023
(MENAFN) The Suez Canal Authority (SCA) has reported a 40 percent increase in revenue during the first quarter of 2023, compared to the same period in the previous year. The authority earned USD2.08 ... .

China's Xinxing to invest $2 bln in Suez Canal Economic Zone- Egyptian cabinet

Reuters 23 Mar 2023
CAIRO, March 23 (Reuters) - Chinese company Xinxing Ductile Iron Pipes (000778.SZ) intends to invest $2 billion in iron and steel plants in the Suez Canal Economic Zone, Egypt's cabinet said on Thursday ... Investments by Abu Dhabi Ports (ADPORTS.AD) in the Suez Canal Economic ...

Egypt makes progress on Suez Canal expansion after 2021 blockage

The National 22 Mar 2023
Global trade channel will be deeper, wider and have a 10km bypass to avoid repeat of shutdown ....

East of Suez Fuel Availability Outlook

Hellenic Shipping News Worldwide 22 Mar 2023
LSMGO availability is normal in the port.

Egypt's Suez Canal economic zone, Abu Dhabi ports partner to develop projects within the zone ...

Reuters 22 Mar 2023
DUBAI, March 22 (Reuters) - Egypt's Suez Canal economic zone said on Wednesday that it partnered with Abu Dhabi (AD) ports to develop several projects in ports within the zone ... Our Standards. The Thomson Reuters Trust Principles ... ....

Egypt’s Suez Canal revenues climb 40% to $2.08bn in Q1 

Arab News 22 Mar 2023
Egypt’s Suez Canal Authority took in $2.08 billion in revenue in the first quarter of 2023, a 40 percent increase on the same period a year earlier, it has been revealed ... The Suez Canal had the highest daily transit rate in its history in March, with 107 ships through from both directions without waiting, totaling 6.3 million tons of net tonnage.

Photos: Suez Canal Authority flies Egypt flag on Amin Zeid tugboat in Port Said

Egypt Today 21 Mar 2023
Chairman of the Suez Canal Authority (SCA) Osama Rabie witnessed on Tuesday a celebration organized by Port Said Naval Shipyard to mark raising the ...

Antipollution SA to establish subsidiary in Egypt in partnership with Suez Canal Authority

Egypt Today 20 Mar 2023
Prime Minister Mostafa Madbouli attended Monday the signing ceremony of an agreement between the Suez Canal Authority and V Group, the parent company ...

Egypt, Russia Discuss Nuclear Plant Construction, Suez Industrial Zone

Sputnik 20 Mar 2023
Diplomatic relations between Egypt and the Soviet Union were established back in 1943. Since then, as the successor of the USSR, Russia and the North African nation have been cooperating in various fields. However, now given the strained Moscow-West tensions, Egypt has to do a balancing act ....

High-speed train will be ‘land Suez Canal’: Wazir

Egypt Independent 20 Mar 2023
Egypt’s Minister of Transport Kamel al-Wazir announced Sunday that the high-speed electric train project will function like a ‘land Suez Canal‘, as it will transport goods across the country ... “It is true that I have to expand in the industrial and agricultural areas. ... ....

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