Suez Canal Authority

Type: Company
Name: Suez Canal Authority
Nationality: Egypt
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

NBE offers to finance Suez Canal projects

Cairo - Sherif Elwi, Deputy Chairman of National Bank of Egypt (NBE), revealed that the bank has offered Admiral Mohab Mamish, Chairman & Managing Director of the Suez Canal Authority, to Finance all the Suez Canal development project after the completion ... [Published Arab Finance - Apr 17 2014]
First reported Apr 12 2014 - Updated Apr 13 2014 - 3 reports

ADPC receives VIP delegation from Egypt

The senior officials were welcomed by Capt Mohamed Juma Al Shamisi, chief executive officer of ADPC.Abu Dhabi Ports Company, or ADPC, the master developer of ports and industrial zones in the Emirate of Abu Dhabi recently hosted a senior VIP delegation ... [Published Khaleej Times - Apr 13 2014]
First reported Apr 07 2014 - Updated Apr 07 2014 - 1 reports

Egyptian ports not for sale

07 Apr 2014The Egyptian Minister of Transport, Ibrahim El – Demeiry, has publicly stated that there are no plans to start privatisation of the nation's ports.Indeed, he stressed that the government wants to boost trade volumes at the ports from the current ... [Published Port Strategy - Apr 07 2014]
First reported Apr 06 2014 - Updated Apr 06 2014 - 1 reports

Egypt's Suez Canal revenues rise 6.4% Y-o-Y in February

Related Egypt’s revenues from the Suez Canal totalled LE2.8 billion ($399.3 million) in February, a 6.4 percent increase from February 2013, according to the latest report from the state-run Information and Decision Support Centre (IDSC), based on data ... [Published Al Ahram - Apr 06 2014]
First reported Apr 03 2014 - Updated Apr 03 2014 - 1 reports

Suez Canal: Egyptian Military Takes Charge Of Economic Development

But as the military has stepped back to the fore of Egyptian political life since deposing President Mohamed Morsi last summer and imprisoned thousands of his supporters in the Muslim Brotherhood, the generals have expanded their control of the nation's ... [Published International Business Times - Apr 03 2014]
First reported Apr 02 2014 - Updated Apr 02 2014 - 1 reports

Red Sea Ports Authority announces new development plans

The Red Sea Ports Authority (RSPA) announced the implementation of new projects in the Adabiya and Tawfik ports with the aim of stimulating both domestic and foreign investment opportunities.(Photo Port Tawfik \Wikimedia)The Red Sea Ports Authority (RSPA) ... [Published Daily Star Egypt - Apr 02 2014]
First reported Mar 31 2014 - Updated Mar 31 2014 - 1 reports

Suez Canal achieves record cargo

Tuesday, 01 April 2014 | 00:00Suez Canal has broken its record for the cargo sent through it in a single day.As many as 67 ships crossed the Suez Canal on Sunday 30/3/2014, carrying a total cargo of 3 million tons.Head of Suez Canal Authority Mohab Mamish ... [Published Bunker Ports News Worldwide - Mar 31 2014]
First reported Mar 30 2014 - Updated Mar 30 2014 - 1 reports

Government aiming to double trade at maritime ports: Transport ministry

Government aiming to double trade at maritime ports(AFP photo)Minister of Transportation Ibrahim El-Demeiry announced late Saturday that the ministry is aiming to increase the volume of trade at Egyptian maritime ports to 270 tons per year.Previous trade ... [Published Daily Star Egypt - Mar 30 2014]
First reported Mar 25 2014 - Updated Mar 25 2014 - 1 reports

Record revenue of US$5.5 billion this year for Suez Canal

EGYPT's Suez Canal Authority expects to achieve revenue of US$5.5 billion in the current fiscal year, as it attracts the larger ships that cannot pass through the Panama Canal until its expansion is completed. Wednesday, 26.Mar.2014, 00:31 (GMT+2) EGYPT's ... [Published SeaNews - Mar 25 2014]
First reported Mar 20 2014 - Updated Mar 21 2014 - 4 reports

Egypt: Mohab Memish - Suez Canal Revenues Witness Significant Increase This Year

Prime Minister Ibrahim Mahlab met on Thursday 20/03/2014 with Head of the Suez Canal Authority and Chairman of Suez Canal region development project Mohab Memish.The Prime Minister inquired about measures taken to secure the water way and checked on the ... [Published AllAfrica.com - Mar 21 2014]
First reported Mar 16 2014 - Updated Mar 17 2014 - 2 reports

Egypt’s military expands its control of the country’s economy

CAIRO — In the shadows of a harsh political crackdown, the military that overthrew Egypt's first democratically elected president last summer is positioning itself to become the country's uncontested economic power.Egyptians have focused in recent months ... [Published Guelph Mercury - Mar 17 2014]
First reported Mar 14 2014 - Updated Mar 14 2014 - 1 reports

INTERNATIONAL: Shipping associations slam Suez Canal toll hikes

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 5% ... [Published Lloyd's List Daily Commercial News - Mar 14 2014]

Quotes

"The Suez Canal has remained a major source of hard currency, netting around 5bn USD a year."
"We're dealing with a brand new economy that's now run by 'Military Inc.,'" said Joshua Stacher, an Egypt expert at Kent State University in Ohio who has studied the military economy
...to generate sustainable returns despite the current fuel subsidy program, which favours less fuel-efficient modes of transport such as trucking. "It is also more efficient for clients as containers were often re-routed to other Mediterranean countries before they reached their destinations at other Egyptian seaports" he pointed out. After the successful conclusion of the trial service, we expect NMT to start commercial operations in two weeks, Sadek noted...
He added in a statement that "the attempt failed completely and there was no damage to the ship or the containers it carried"

More Content

All (27) | News (26) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
sort by: Date | Relevance
NBE offers to finance Suez Canal projects [Published Arab Finance - Apr 17 2014]
ADPC receives VIP delegation from Egypt [Published Khaleej Times - Apr 13 2014]
ADPC showcases mega projects overall development [Published The Gulf Today - Apr 12 2014]
ADPC showcases megaproject [Published Dubai PR Network - Apr 12 2014]
ADPC showcases megaproject [Published Zawya.com - Apr 12 2014]
Egyptian ports not for sale [Published Port Strategy - Apr 07 2014]
Egypt's Suez Canal revenues rise 6.4% Y-o-Y in ... [Published Al Ahram - Apr 06 2014]
Suez Canal: Egyptian Military Takes Charge Of E... [Published International Business Times - Apr 03 2014]
Red Sea Ports Authority announces new developme... [Published Daily Star Egypt - Apr 02 2014]
Suez Canal achieves record cargo [Published Bunker Ports News Worldwide - Mar 31 2014]
Suez Canal: ready for a new era? [Published Ship Technology - Mar 31 2014]
Government aiming to double trade at maritime p... [Published Daily Star Egypt - Mar 30 2014]
Record revenue of US$5.5 billion this year for ... [Published SeaNews - Mar 25 2014]
Egypt: Mohab Memish - Suez Canal Revenues Witne... [Published AllAfrica.com - Mar 21 2014]
Suez Canal to see high revenues in 2014: Manage... [Published Nile International - Mar 21 2014]
Egypt's Suez Canal to see a record high in reve... [Published Al Ahram - Mar 21 2014]
Suez Canal revenues forecast to hit record $5.5... [Published CNBC - Mar 20 2014]
Egypt’s military expands its control of the cou... [Published Guelph Mercury - Mar 17 2014]
Egypts military expands its control of economy [Published Washington Post - Mar 16 2014]
INTERNATIONAL: Shipping associations slam Suez ... [Published Lloyd's List Daily Commercial News - Mar 14 2014]
Egypt: Officials to Form Committee for Suez Can... [Published Dredging Today - Mar 13 2014]
Shipping Associations Slam Suez Canal Toll Hikes [Published MaritimeSecurity.Asia - Mar 10 2014]
Citadel unit to launch container service on Suez [Published Trade Arabia - Feb 02 2014]
Avaya and Suez Canal Authority Sign Major Commu... [Published Telecom Reseller - Jan 02 2014]
Escalating Sinai violence threatens Suez Canal [Published Telegraph - Nov 17 2013]
Nexus Releases New Security Recommendations Fol... [Published PRWeb - Sep 03 2013]
Egypt's Suez Canal sees record amount of cargo [Published Beaver County Times - Aug 09 2013]
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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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