Latest in Tag: suez canal Highlight
Latest in Tag: suez canal

Studies on Suez Canal Project to start within days: Dar Al-Handasah operations director
There is an âaggressiveâ plan to finish the studies as soon as possible, Yehia Zaki says.

Dar Al-Handasah wins Suez Canal project bid; 8 months needed to finish master plan
French engineering services company Egis selected to evaluate performance of project master plan

Arab Contractors to significantly expand Egyptian and Saudi operations: Chairman
In an interview with Al-Borsa, company Chairman Engineer Mohsen Salah talks about the the companyâs upcoming expansion projects in Egypt and Saudi Arabia.
No ceiling for acquiring Suez Canal investment certificates
A source close to the project stated that Dar Al-Hanadasah is the Suez Canal bid winner
Shift in Suez Canal financing comes under scrutiny
Investment certificates expected to encourage investors with higher-than-average interest rates
China and Israel present alternatives to Suez Canal
China to lead the Silk Road project and take part in Israeli Red Med project
Mehleb charges 3 ministries, Central Bank with studying Suez Canal project funding: Finance Minister
Ibrahim Mehleb charges Finance, Investment, and Planning ministries with studying mechanisms to raise $8bn for new Suez Canal project
Yields of Suez Canal investment certificates to be paid after one year: CBE governor
Hisham Ramez says 12% interest rates of investment certificates is highest in banking sector to lure participation
The Suez Canal Project: Then and now
Member of Public Front of the Suez Canal says $13bn target is exaggerated

Development studies for Ismailia, Nubaria canals nearing completion: Ministry of Cooperation
Ministry of International Cooperation to receive loan from African Development Bank worth âŹ1.9m

Timing âinappropriateâ for subsidies removal: Hotels chamber
Removing diesel subsidies from November onward would pose extra burden on already suffering tourism sector, says deputy chairman of Chambers of Hotels

Suez Canal Authority consults investment banks in financing development project
Authority plans to obtain funding through stock market IPO, says media spokesperson

Suez Canal development plan to be presented in January 2015: SCA official
Suez Canal Authority expects consortium tasked with preparing the plan to be announced soon

Grand Mufti ratifies execution verdict for 26 accused of terrorism
Convicts facing execution for militant operations in North Sinai

SCCT to invest $300m more in Egypt – Laursen
There has been an increase of 15% in the number of vessels received by SCCT
DP World to invest in Suez Canal project
By Rehab Saber UAEâs Dubai Ports World plans to invest in the ventures which are to be offered as part of Egyptâs Suez Canal Development Project, Deputy CEO Ibrahim Alhammadi told Logistic. He said that DP World, which is among the leading port and terminal operators worldwide, is awaiting an international bid offer for the …
Chinese company to develop 6 square km in Ain Sokhna
By Hassan Ghonema General Mohamed Refaat, acting head of the General Authority for the Northwest Suez Gulf Economic Zone signed a contract with the Chinese developer TEDA to develop 6 square kilometers in Ain Sokhna. Â The project is the first phase in a larger development deal between Egypt and China, with the Chinese government having …

British trade delegation eyes Suez Canal Project
The winner will receive the final contract in October, and will have nine months to submit an initial plan for the project.

Egypt announces qualified candidates for Suez Canal Development Project
Fourteen joint ventures have qualified for the right to participate in the massive, long-term development project in the Suez Canal region
Hamas member arrested for planning car bombing of security site
Hamas member calls the news a “fabrication”
Sustainable development encouraged in Egypt
Our sustainable development strategy poses a host of business opportunities in the public and private sector: Ibrahim Mahlab

Contemporary Egyptian non-sense part 1: Suez Canal in Pounds!
In modern days Egypt, so many ideas grow out of the blues captivating the minds and souls of the population. Some of these ideas are political, economical, or social. While some fade away fast, others never seem to go out of fashion, surfacing every now and again as if begging to be shot down. Over …

Global consultancy firms and investors anticipate government announcement to begin development of the Suez Canal
SCA Board of Directors President Mohab Mumish said that the project would be presented to the cabinet when finalised for review; this is the first step in the right direction of the planning stage in the projectâs execution.

Maritime Transport Sector seeks to implement efficiency measures
The width of the canal is not expected to exceed 250 metres, and would be wide enough for just one ship to pass through at a time, a process which takes two hours back and forth.

Canal Zone project entrusted to the SCA
International consulting firms and investors await the governmentâs announcement of the commencement of the Suez Canal development project

Suez Canal revenues increase to $483m
The report further showed that total deposits for Egyptâs Central Auditing Organization reached EGP 1.159tn by last April, representing a 14.98% increase compared to the corresponding month in 2012.

Suez Canal on high alert after failed terrorist attack
Ship flying Panama flag targeted

Tamarod urges closing Suez Canal to vessels supporting strike on Syria
Campaign calls for âprecautionary measures to prevent attacksâ on Syria

US carrier passes through Suez Canal, despite tensions
The USS Harry Truman, along with two guided-missile destroyers and two cruisers, transited the strategic canal on Sunday

Worldâs largest container ship crosses Suez Canal
The Danish vessel, Maersk Mollar, passed through the Suez Canal on Friday