Suez Canal Authority

Type: Company
Name: Suez Canal Authority
Nationality: Egypt
First reported 20 hours ago - Updated 1 hour ago - 4 reports

SUEZ CANAL BANK : Egypt's cabinet approves issuance of USD 7bn Suez Canal certificates of deposit

Egypt's cabinet officially approved the issuance of EGP 50bn ( USD 7bn ) Suez Canal certificates of deposit to be issued by the Suez Canal Authority and guaranteed by the Treasury, Al Mal financial newspaper reported citing central bank governor Hesham ... [Published 4 Traders - 1 hour ago]
First reported Aug 31 2014 - Updated Sep 01 2014 - 1 reports

6m tax-exempted Suez Canal investment certificates to be issued: CBE governor

Drilling in the new Suez Canal continues with the project’s investment certificates is expected to be used soon(DNE Photo)Around 6m tax-exempted Suez Canal investment certificates are ready to be issued, following the presidential approval of the certificates’ ... [Published Daily Star Egypt - Aug 31 2014]
First reported Sep 01 2014 - Updated Sep 01 2014 - 1 reports

Suez Canal Authority chief wants inauguration delayed to be on his birthday

Suez Canal Authority Chief Mohab Mamish said the new Suez Canal Authority is set to open on 5 August.“I’m determined to make it on 6 August, which marks my birthday and my daughter’s as well,” Mamish said on Sunday in an interview on CBC TV.  “On the ... [Published Egypt Independent - Sep 01 2014]
First reported Aug 31 2014 - Updated Sep 01 2014 - 2 reports

Egypt: Mamish Announces Entry of Dredgers to New Suez Canal

Head of the Suez Canal Authority (SCA) Mohab Mamish announced entry of the authority's dredgers to the new Suez Canal as of Friday 29/08/2014.Mamish added that the giant dredger "Tareq ibn Zeyad" and the dredger "Tenth of Ramadan" to the southern entrance ... [Published AllAfrica.com - Sep 01 2014]
First reported Aug 31 2014 - Updated Aug 31 2014 - 1 reports

Bahrain firm to build Suez hub

Regional News 01 September 2014A BAHRAIN firm has won a contract to develop a huge industrial and logistics hub around the Suez Canal, Egypt’s Suez Canal Authority said.“The winning consortium to create the masterplan for the Suez Canal area development ... [Published Gulf Construction Worldwide - Aug 31 2014]
First reported Aug 31 2014 - Updated Aug 31 2014 - 1 reports

Authority Chief: Suez Canal revenues to reach US$100 bn before 2023

Revenues from the Suez Canal are projected to reach up to US$100 billion before 2023, according to Suez Canal Authority Chief Mohab Mamish.“We carried out a successful marketing policy. Prices at the canal were doubled without any refusal,” Mamish said ... [Published Egypt Independent - Aug 31 2014]
First reported Aug 27 2014 - Updated Aug 27 2014 - 1 reports

New ‘quartet committee’ to regulate financing and implementation of Suez Canal project

Finance Minister Hany Kadry Dimian has stated that Prime Minister Ibrahim Mehleb formed a “quartet committee” comprising  the ministers of investment, industry and planning, alongside Kadry, to ensure a rapid acquisition of the required funding for the ... [Published Daily Star Egypt - Aug 27 2014]
First reported Aug 26 2014 - Updated Aug 26 2014 - 1 reports

Mamish: The Suez Canal could raise Egypt’s future world trade income by 22%

Suez Canal Authority Chairman Mohab Mamish said Egypt must take advantage of increased trade with European markets when rising economic giants like China, India and the countries of Southeast Asia come to 'invade' the European markets in 2020.“We must ... [Published Egypt Independent - Aug 26 2014]
First reported Aug 26 2014 - Updated Aug 26 2014 - 1 reports

Dealing with the IMF not crime or fault says Minister

Arab Finance : Egypt's Minister of trade, industry and Small and Medium Enterprises (SMEs), Mounir Fakhry Abdel Nour said that dealing with the international monetary fund is not a crime or a fault and that the recent subsidy reform decision taken by ... [Published 4 Traders - Aug 26 2014]
First reported Aug 19 2014 - Updated Aug 20 2014 - 6 reports

BAHRAIN FIRM WINS HUGE SUEZ PROJECT

Consortium of Dar Al-Handasah Shair and Partners is registered in the KingdomEgypt’s Suez Canal Authority announced on Saturday that a Bahrain-registered firm is to develop a huge industrial and logistics hub around the canal, but gave no details of the ... [Published DailyTribune - Aug 20 2014]
First reported Aug 19 2014 - Updated Aug 20 2014 - 7 reports

Dar Al-Handassa Nabs Suez Canal Development Contract

During a ceremony attended by Prime Minister Ibrahim Mahlab and nine ministers, the Chairman of the Suez Canal Authority and Head of the Executive Council of the New Suez Canal Project, Vice-Admiral Mohab Mamish, said the Egyptian-Bahraini Dar Al-Handassa ... [Published Dredging Today - Aug 20 2014]
First reported Aug 05 2014 - Updated Aug 06 2014 - 37 reports

Egypt to build new $4bn Suez Canal

Egypt has announced plans to build a new Suez Canal alongside the existing 145-year-old waterway in a bid to boost its economy.The 72km corridor will expand the fastest shipping route between Europe and Asia and enable ships to pass each other as well ... [Published ConstructionWeekOnline.com - Aug 06 2014]

Quotes

"Egyptian banks began to receive purchase orders from Egyptians last week" Ramez said
"This giant project will be the creation of a new Suez Canal parallel to the current channel of a total length of 72 kilometres" Mohab Mamish told a conference in Ismailia, a port town on the Suez Canal, broadcast by state television
...line of megaprojects—will cement the Egyptian armed forces’ central role in Egypt’s economy, sidelining other businesses and civilian institutions. "It’s mainly political. The whole thing is very propagandistic. It has to do with the generation of a certain image of al-Seesi and of the new regime" Adly says. "That does not preclude the feasibility of the project."
Schafer added that the project will "change the economic landscape of Egypt," most importantly by encouraging "the Egyptian and foreign private sector to invest in the project, leading to the creation of sustainable job opportunities for brilliant and energetic Egyptian youth."

More Content

All (143) | News (138) | Reports (0) | Blogs (5) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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SUEZ CANAL BANK : Egypt's cabinet approves issu... [Published 4 Traders - 1 hour ago]
New Suez Canal: President Issues Decree on Inve... [Published Dredging Today - 2 hours ago]
Al-Sisi approves Suez Canal investment certific... [Published Daily Star Egypt - 19 hours ago]
Presidential decree governs financing of Suez C... [Published Nile International - 20 hours ago]
Suez Canal Authority chief wants inauguration d... [Published Egypt Independent - Sep 01 2014]
Egypt: Mamish Announces Entry of Dredgers to Ne... [Published AllAfrica.com - Sep 01 2014]
Mamish: 66 vessels transited Suez Canal carryin... [Published Hellenic Shipping News Worldwide - Aug 31 2014]
6m tax-exempted Suez Canal investment certifica... [Published Daily Star Egypt - Aug 31 2014]
Bahrain firm to build Suez hub [Published Gulf Construction Worldwide - Aug 31 2014]
Authority Chief: Suez Canal revenues to reach U... [Published Egypt Independent - Aug 31 2014]
New ‘quartet committee’ to regulate financing a... [Published Daily Star Egypt - Aug 27 2014]
Mamish: The Suez Canal could raise Egypt’s futu... [Published Egypt Independent - Aug 26 2014]
Questions remain on Egypt’s Suez Canal project [Published AlMonitor - Aug 26 2014]
Suez Canal development project studies to begin... [Published Daily Star Egypt - Aug 26 2014]
Dealing with the IMF not crime or fault says Mi... [Published 4 Traders - Aug 26 2014]
Suez Canal revenues in July US$482.2 million [Published Egypt Independent - Aug 25 2014]
INTERVIEW-Egypt to issue Suez Canal debt certif... [Published Zawya.com - Aug 24 2014]
Egypt announces plans to build a second Suez canal [Published Canadian Sailings - Aug 22 2014]
Egypt plans to build new Suez canal [Published Middle East Eye - Aug 22 2014]
PRIME HOLDING : plans to offer advisory service... [Published 4 Traders - Aug 22 2014]
Egypt's Generals Want a New Canal [Published BusinessWeek - Aug 21 2014]
UPDATE: Prime Minister Inspects New Suez Canal ... [Published Dredging Today - Aug 21 2014]
World Bank to advise on Egypt's Suez Canal mega... [Published Al Ahram - Aug 20 2014]
Journalists Prevented From Covering Conference ... [Published AllAfrica.com - Aug 20 2014]
Egypt starts digging new Suez Canal section [Published Canadian Manufacturing - Aug 20 2014]
Dar Al-Handassa Wins Suez Canal Development Bid [Published AllAfrica.com - Aug 20 2014]
BAHRAIN FIRM WINS HUGE SUEZ PROJECT [Published DailyTribune - Aug 20 2014]
Dar Al-Handassa Nabs Suez Canal Development Con... [Published Dredging Today - Aug 20 2014]
Suez Canal Project awarded to Bahraini firm [Published MENAFN - Aug 20 2014]
Dar Group Consortium wins general plan for Suez... [Published Zawya.com - Aug 20 2014]
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Egypt Awards Ambitious Suez Project To Army-Lin... [Published MaritimeSecurity.Asia - Aug 20 2014]
Egypt’s Suez Canal Authority announced on 19th August that a Bahrain-registered firm is to develop a huge industrial and logistics hub around the canal, but gave no details of the project itself. The Egyptian army is a local partner in Dar Al-Handasah ...
Shiptalk Newsletter – August 2014 [Published Shiptalk - Aug 04 2014]
Welcome to another issue of Shiptalk – we hope you will find this months collected musings thought provoking and of interest. Here we go with another Shiptalk newsletter. As summer kisses Europe, you may be on a beach, up a mountain or lazing in a pub ...
Report Warns Shipping Of Phishing Scams [Published MaritimeSecurity.Asia - May 12 2014]
Information phishing has been identified as one of the main ploys used by fraudsters targeting the maritime industry. In a  recent report  highlighting fraud in shipping and maritime, Skuld, the mutual marine insurance company, repeated its advice that ...
Report warns shipping of phishing scams [Published MaritimeSecurity.Asia - May 12 2014]
DetailsFriday, 09 May 2014 09:01 Information phishing has been identified as one of the main ploys used by fraudsters targeting the maritime industry. In a recent report highlighting fraud in shipping and maritime, Skuld, the mutual marine insurance ...
Shipping Associations Slam Suez Canal Toll Hikes [Published MaritimeSecurity.Asia - Mar 10 2014]
The Round Table of international shipping associations has protested against the third consecutive annual increases in Suez Canal tolls, saying carriers are “dismayed” by steep hikes with a short notice period. Having raised tolls by 3% in 2012 and ...
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