Egypt to complete a side channel in East Port Said by June 2016
Egypt plans to complete a side channel in East Port Said, near the Suez Canal, that would speed up shipping and…
Browsing Tag
Suez Canal
Egypt negotiating two loans from World Bank: minister
Egypt is negotiating two loans worth US$1 billion from the World Bank to fund the country’s development projects,…
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…
Revenues Of Suez Canal Hit $3.4bln In 8 Months
The revenues of the Suez Canal hit 3.4 billion dollars (about 27.2 billion pounds) during the first eight months of…
Suez Canal revenue surges to $462mn in August
Egypt's revenue from the Suez Canal rose to $462.1 million in August, from $437.7 million in July, the Suez Canal…
Al Baraka Bank Egypt to pump $38m in power, petroleum sectors
Al Baraka Bank Egypt is studying injecting funds worth 300 million Egyptian pounds (US$38.2 million) in power and…
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…
Al Baraka Bank secures US$127.8mn for Suez Canal mega projects
Al Baraka Bank – Egypt part of the Bahraini Al Baraka Group, plans to pump one billion Egyptian pounds (US$127.8…
Egypt’s cabinet approves establishing authority for Suez Canal economic zone
Egypt's cabinet approved Wednesday establishing an authority to oversee development of the Suez Canal economic…
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…
