New Suez Canal saves “5-10% of total operating costs”- Intesa Sanpaolo report
Egypt's New Suez Canal has led to a decrease in transit time from 18 to 11 hours, which will be reflected on the…
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new Suez Canal
Suez Canal’s revenues drop to $449mn in September
Egypt's revenues from the Suez Canal dropped to US$448.8 million in September from $462.1 million in August, the…
Egypt to include new Suez Canal logo on the half pound coin
Egypt is in the process of issuing new half pound coins with the logo of the new Suez Canal on them, according to a…
Four local insurers competing for New Suez Canal’s insurance policy
Four Egyptian insurers are competing for an insurance policy designated for a project to build a tunnel under the…
50 Ships weighing 2.5mnT cross Egypt’s Suez Canal Friday – official
Around 50 container ships weighing 2.5 million tonnes have crossed Egypt’s Suez Canal from both sides Friday, the…
374 ships cross Egypt’s old and new Suez Canal in a week
Following the inauguration of the new Suez Canal, the Egyptian waterway has witnessed the crossing of 374 ships in…
Moody’s: New Suez Canal’s credit-positive effects on Egypt to take time to materlise
Credit ratings provider Moody's expects "only limited credit-positive effects" for Egypt in the current fiscal…
Sisi establishes economic zone around Egypt’s Suez Canal
President Abdel Fattah al-Sisi issued a decree establishing an economic zone for Egypt's Suez Canal, the country's…
Ericsson offers ‘remote excavation’ technology for New Suez Canal projects
Isil Yalcin, Ericsson's North East Africa President, presented Sunday the company's "Remote Excavation" technology,…
Cityscape Egypt exhibitors commend New Suez Canal, await record investments
As Egypt celebrates the rewards of a sustained period of endurance following historic official opening of the new…