Egypt’s Housing Min. explores infrastructure plans with SCA head
Egypt’s Suez Canal Authority (SCA) Chairman Osama Rabie met with Housing Minister Sherif El-Sherbiny to explore…
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SCA
Egypt’s Suez Canal welcomes CMA CGM ZEPHYR
Egypt’s Suez Canal witnessed the passage of the CMA CGM ZEPHYR container ship on its southbound journey through the…
Egypt, Côte d’Ivoire discuss port cooperation
Egypt’s Suez Canal Authority’s (SCA) chairman Osama Rabie met with Ambassador of Côte d'Ivoire to Egypt Albert G.…
Tokyo to sign grant deal for Suez Canal rescue ship in August – Japanese envoy
Japan will sign a grant agreement in August to fund a Diving Support Vessel for Egypt’s Suez Canal Authority (SCA),…
Suez Canal achieves safety record in ’23
The Suez Canal Authority (SCA) announced that maritime emergency incidents in the canal fell to just 0.06 per cent…
Egypt’s Suez Canal Authority head highlights shipping resumption
Egypt's Suez Canal Authority (SCA) head Osama Rabie discussed on Tuesday the resumption of major shipping lines…
Abu Dhabi’s Lunate launches global sukuk ETF
Lunate Capital, headquartered in Abu Dhabi, launched the Chimera J.P. Morgan Global Sukuk ETF, a new…
Valley of the Kings reopens 3 restored tombs
Three tombs in the Valley of the Kings reopened on Sunday after extensive restoration works.
Suez Canal pushes $143.8 bln into Egypt’s public treasury
The Suez Canal pumped more than $143.864 billion into the state’s public treasury since its nationalisation in…
Suez Canal revenues climb 35% to $9.4 bln in FY2022/23
Suez Canal revenues hit a record $9.4 billion, or 35 percent, during 2022–2023, compared to $7 billion during…
SCA launches platform for creating contractor partnerships
The Saudi Contractors Authority's (SCA) head, Zakria bin Abdel-Rahman, announced that the authority will launch a…
SCA’s President: Saudi construction sector size exceeds SAR 255bln
Zakaria Al-Abdul Qader, president of the Saudi Contractors Authority (SCA) said on Sunday that the contracting…
Suez Canal revenues rise to $2.93 billion in seven months
Egypt's Suez Canal revenues jumped to $2.93 billion from January to June, compared to $2.91 billion during the same…
Suez Canal generates $395.2 mln revenue in January
Egypt's revenues from Suez Canal trade fell in January to register $395.2 million compared to $434.8 million in the…
Suez Canal revenues hit 21-month low in November
Egypt's revenues from Suez Canal commerce hit a 21-month low in November 2016, generating $389.2 million, down…
Suez Canal returns hit $427m in July 2016: CAPMAS
Egypt's Suez Canal Authority (SCA) attained returns estimated at 3.8 billion Egyptian pounds (US$427.9 million) in…
New Saudi-Egyptian firm formed to build $1bn-steel complex in Suez Canal region
Egyptian Suez Canal Authority (SCA) signed Tuesday a partnership agreement with a Saudi organisation on forming a…
WPP Consortium wins New Suez Canal’s Opening Ceremony Campaign
A consortium comprising WPP, the British multinational world leader in advertising, is announced as winner to…
Dubai Financial Market achieves 100% Compliance in UAE Firms’ Annual Results Disclosure
Dubai Financial Market (DFM ) announced today that its UAE listed companies have showed a 100% compliance to…
Suez Canal’s Investors Must Appoint 75% of Egyptian Youths in each Project
The head of the canal authority (SCA) Mohab Memish said one of the main objectives of Suez Canal project is…
Egypt Forms New Committee to Allure Investors into Suez Canal Project
Chairman of the Suez Canal Authority (SCA)and head of the executive council of the Suez Canal Corridor Project…
Suez Canal Revenues Jump to Highest Monthly Level in August
Revenues from Egypt’s vital waterway Suez Canal jumped to US$508 million in August, the highest monthly level in…
Egyptian Banks, SCA to Arrange Syndicated Loans to Finance Drilling Processes
The governor of Central Bank of Egypt (CBE) Hisham Ramez revealed that meetings will be hold between Suez Canal…
Egypt’s Naeem Braces for Launch of AED250mn Mutual Fund in UAE
Cairo-based investment house Naeem Holding, is preparing to obtain the United Arab Emirate financial regulator's…
Suez Canal Project Aims Assigning 75% of Egyptian Labor
Suez Canal Axis Development Project is aiming alluring youths and creating several job vacancies asserting that the…
Egypt Plans to Dig New Suez Canal – Official
Egypt plans to build a new Suez Canal alongside the near-145 year-old historic waterway in a multi-billion dollar…
Suez Canal Revenues Surge to $468.8 million
Revenues from Egypt's vital waterway Suez Canal hiked by 7% to US$ 468.8 million in May from US$ 438.1 million in…
World-famous Egyptologist Zahi Hawass under Investigation for Graft
World-renowned Egyptologist and former antiquities minister Zahi Hawass is under investigation by Egypt's…
Suez Canal to Hike Transit Dues as of May 1st
Egypt's Suez Canal Authority (SCA) on Saturday announced it would raise toll fees for all vessels passing through…
PM Beblawi Inaugurates Suez Canal Development Project
Egyptian Prime Minister Hazem El-Beblawi and Head of the Suez Canal Authority (SCA) Mohab Mamish held an…
Suez Canal Received 45 Vessels On Thursday
Suez Canal Authority (SCA) asserted that 45 ships passed through the canal on Thursday at weight of 2.384 million…
47 Vessels Pass Through Egypt’s Suez Canal On Tuesday
Egypt's Suez Canal Authority (SCA) announced today that 47 ships passed through the canal at weight of 2.943…
Suez Canal Hit EGP2.751 bln In March 2013
Admiral Mohab Memish, Chairman of Suez Canal Authority (SCA), said the authority achieved EGP 2.751 billion…
1.9 Million Tons on 43 Vessels Passed Through Suez Canal Today
Suez Canal Authority (SCA) announced that 43 vessels from directions, north and south ones, passed through the…
37 Vessels Passed Through Suez Canal Today
The Suez Canal Authority (SCA) announced that 37 vessels from the north and south directions passed through the…
Egypt’s Suez Canal Authority Raises Canal Transit Fees Starting May
Egypt's Suez Canal Authority (SCA) on Thursday announced it would raise toll fees for all vessels passing through…
Naeem: Shariah-Complaint Fund Launch Delayed On UAE Market Regulator’s Recent Changes
Hazem Kamel, Managing Director at Naeem Holding (NAHO.CA), has attributed the delay of launching its new…
New UAE Investment Fund Rules May Hit DIFC Firms
Analysts have said new investment fund rules introduced by the UAE's Securities and Commodities Authority (SCA)…
New Investment Fund System From SCA
The Security and Commodities Authority, or SCA, has issued a new investment fund system that will help attract new…
EFG-Hermes UAE Obtains Licence For Margin Trading
Egyptian Financial Group-Hermes Holding Company - (HRHO.CA) announced that its subsidiary EFG-Hermes UAE Limited…