Latest in Tag: suez canal Highlight

Advertising Area





Latest in Tag: suez canal


2nd CSR Forum to be held focusing on Suez Canal Region

Driven by the belief that developing societies comes with the help of private sector, along with governments, Egypt’s CSR Forum holds its second forum this year in Port Said. Aiming to build a bridge, of which both sides meet to come up with ideas to develop Egyptian society, the CSR Forum targets creating a state …

Daily News Egypt

74 vessels cross Suez Canal in 24 hours

The Suez Canal recorded on Saturday the highest number of single-day ship traffic in its history, with 74 large vessels crossing, which were also carrying the largest weight of shipments, at 5.2 million tonnes. Furthermore, he added that the number of transiting vessels from the north reached 50 vessels, with loads of 3.1 million tonnes, …

Nihal Samir

How can the economic zone of the Suez Canal lead the development?

Egypt relies heavily on the Suez Canal Economic Zone (SCZone) to drive the economic growth of the country, especially as it is an investment area of special nature, which gives it a competitive advantage compared to other areas of investment inside Egypt, as well as enjoying a geographical location, which gives it another competitive advantage, …

Mohamed Alaa El-Din

Egypt Suez Canal revenue tick up in July to USD 447.1 million

Egypt’s Suez Canal revenues rose to $ 447.1 million in July from $427.2 million in June, the government said on Tuesday. The canal is the fastest shipping route between Europe and Asia and one of the government’s main sources of foreign currency. Egypt has been struggling to revive its economy since a 2011 uprising hit …

Daily News Egypt

50% discount on Suez Canal transit fees

Minister of Transport Hisham Arafat and Chairperson of the Suez Canal Authority and the Suez Canal Economic Zone (SCZone) Mohab Mamish announced the granting of proportional discounts for the transit fees of ships reaching 50%. Arafat said that an integrated plan has been put in place to develop the Egyptian ports and improve the maritime …

Mohamed Farag

The heritage of economic citizenship: a‘refuge’ for advancement

A lot of unnecessary energy has already been expended on Egyptian television arguing over the planned reforms ofresidency and naturalisation procedures, with accusations of treason flying both ways. The idea is that you get a five-year long residency if you stash a lot money in the bank that the government will then spend and invest …

Emad El-Din Aysha

Darwish signs MoU to establish Polish industrial zone at Suez Canal

Ahmed Darwish, chairperson of the Authority for the Suez Canal Economic Zone, signed a memorandum of understanding with the Pomeranian Special Economic Zone during his visit to Poland, to create a Polish industrial zone at the Suez Canal area. The signing was attended by Egyptian ambassador to Poland, Hossam El-Kaweish, minister plenipotentiary of trade at …

Mohamed Farag

318 ships transit Suez Canal last week carrying 17.26m tonnes

Suez Canal traffic data showed that 318 ships transited the canal, with a total load of 17.26m tonnes, between 6-12 January. An average of 45.43 ships transited the canal per day during that period, with an average load of 2.47m tonnes per day. The average load per ship was about 54,280 tonnes during that period. …

Mohamed Ahmed

293 ships transit the Suez Canal in 6 days carrying 15.3m tonnes

Suez Canal traffic data showed that 293 ships transited the canal, with a total load of 15.3m tonnes, in the last six days of last week. An average of 48.83 ships transited the canal per day during that period, with an average load of 2.55m tonnes per day. The average load per ship was about …

Mohamed Ahmed

213 ships transit the Suez Canal in 5 days carrying 12m tonnes

Suez Canal traffic data showed that 213 ships transited the canal, with a total load of 12m tonnes, from 11 to 15 December. An average of 42.6 ships transited the canal per day during that period, with an average load of 2.4m tonnes per day. The average load per ship was about 56,340 tonnes during …

Mohamed Ahmed

281 ships transit the Suez Canal in 6 days carrying 15.8m tonnes

Suez Canal traffic data showed that 281 ships transited the canal, with a total load of 15.8m tonnes, from 26 November to 1 December. An average of 46.83 ships transited the canal per day during that period, with an average load of 2.63m tonnes per day. The average load per ship was about 56,230 tonnes …

Mohamed Ahmed