Egypt’s Suez Canal Achieves Higher Revenues
Egypt’s Suez Canal Authority Chairman Osama Rabie said the canal achieved a 2 % increase in its revenues to USD 1.907 bn during the first four months of 2020
Suez Canal Zone Inks Deal to Boost Investments
Egypt’s Suez Canal Zone Authority (SCA) and its Suez Canal Container Terminal (SCCT) unveiled an agreement on April 14, committing to USD 50 mn of investments
El-Sisi Opens July 3rd Tunnels to Link South Port Said, Sinai
President Abdel-Fattah El-Sisi has inaugurated July 3rd Tunnels in south Port Said، which mark one of the major national projects for connecting the Mediterranean governorate and Sinai, bidding to facilitate trade ...
East Port Said Gets Approval for Multi-Purpose Terminal
Egypt's cabinet ratified on August 22 a concession agreement to design, construct, manage, operate, and maintain a multi-purpose terminal at East Port Said Port, located east of the Suez Canal’s northern entrance. ...
June 30 Axis to Start Operating Next Month: Minister
Minister of Housing, Utilities, and Urban Communities Assem El Gazzar announced on June 26 that the parallel route to the Suez Canal - or June 30 Axis - will be inaugurated next month, slated to link Port Said, Is ...
Sisi Inaugurates 12 Major Infrastructure Projects in Ismailia
Egyptian President Abdel Fattah El Sisi on May 5 inaugurated 12 mega national projects, connecting Sinai to the Nile Delta, a step which comes under the country’s pursued Sinai Peninsula development project.
Suez Canal Records 4.1% Increase in Revenues
The Suez Canal records revenues of USD 853.7 mn in March and April, up by 4.1% compared to USD 820.4 mn in the same period last year, Invest-Gate reports.
Gov’t Applies New Electronic System to Improve Suez Canal Maritime Services
A new electronic system will be applied in the Suez Canal Development Project to improve maritime services offered to passing ships, Invest-Gate reports.
Egypt to Build First Small-sized Industrial Zone in Suez Canal
Egypt plans to build the first complex for small-sized enterprises on an area of 60 feddans in the Suez Canal Economic Zone (SCZone), Invest-Gate reports.
