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Egypt
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Urban & Transport
6/12/2024 3:19:58 PM
Osama Rabie, the Chairman of the Suez Canal Authority (SCA), has stressed that the Cape of Good Hope route, which many ships are currently using due to tensions in the Red Sea, is not sustainable and lacks the necessary support services.
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Egypt
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Urban & Transport
4/23/2024 12:49:29 PM
The Suez Canal Authority (SCA) announced Tuesday that its maritime rescue units saved the Tanzanian-flagged cargo ship LABATROS from sinking in Port Said City.
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Egypt
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Urban & Transport
3/12/2024 7:26:30 PM
The Suez Canal Authority (SCA) issued updated regulations and revised costs for mooring services during vessel crossings of the crucial waterway, according to a circular statement issued on Tuesday.
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Egypt
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Urban & Transport
3/5/2024 10:01:00 PM
Chairman of Suez Canal Authority (SCA) Osama Rabie revealed the details of the proposed project that would extend and complete the second channel of the international waterway, responding to citizens' concerns over the funding source and necessity of the project.
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Egypt
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Urban & Transport
3/4/2024 7:59:14 PM
A project for the expansion of the Suez Canal, which would extend and complete the second channel of the waterway, is being studied, said Suez Canal Authority Chairman Osama Rabie, who also asserted that the project will be fully funded by the authority.
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Egypt
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Urban & Transport
3/4/2024 10:36:41 AM
Osama Rabie, chairman of the Suez Canal Authority (SCA), revealed on Sunday details of the Suez Canal doubling project as two international companies are currently preparing the project’s feasibility studies.
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Egypt
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Urban & Transport
2/14/2024 8:05:45 PM
Chairman of the Suez Canal Authority (SCA) Osama Rabie affirmed ongoing coordination with clients to minimize the impact of the Red Sea tensions during a meeting on Wednesday with Soren Toft, the CEO of MSC Group, one the world’s largest container shipping company.
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Egypt
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Urban & Transport
1/31/2024 9:49:32 PM
The Chairman of the Suez Canal Authority (SCA), Osama Rabie, discussed with the US Ambassador to Cairo, Herro Mustafa Garg, the latest developments in the Southern Sector Development Project of the Suez Canal, which will increase navigation safety in the canal by 28 percent.
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Egypt
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Urban & Transport
1/25/2024 5:18:48 PM
Suez Canal navigation is running regularly and has never halted, not even for a single day, since the onset of the Red Sea and Bab Al-Mandeb Strait’s crisis, Egypt's Suez Canal Authority (SCA) Chief Osama Rabie stressed on Thursday.
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Business
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Economy
1/22/2024 7:16:01 PM
Egypt has lost about $150 million in Suez Canal revenue due to ongoing Red Sea disruptions, according to Bloomberg’s Chief Emerging Markets Economist Ziad Daoud.
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Egypt
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Urban & Transport
1/22/2024 5:45:31 PM
Egypt’s Suez Canal has deployed an emergency team to provide maintenance and repairs services for dry bulk vessel ZOGRAFIA, which was targeted in an attack by Houthi rebels in the Red Sea last week, according to a statement by the Suez Canal Authority (SCA).
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Egypt
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Urban & Transport
1/16/2024 11:19:31 PM
Osama Rabie, the chairman of Egypt’s Suez Canal Authority (SCA), has stressed that the decision of some shipping companies to reroute from the Suez Canal is a temporary measure driven by security concerns amid the ongoing escalation in the Red Sea.
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Egypt
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Urban & Transport
1/13/2024 8:06:58 PM
Osama Rabie, the head of the Suez Canal Authority (SCA), said in a statement issued Saturday that navigation in the Suez Canal was running smoothly in both directions.
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Egypt
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Urban & Transport
1/12/2024 3:42:10 PM
The ship traffic has decreased 30% in Egypt’s Suez Canal since the beginning of 2024 compared to 2023, due to recent tensions in the Red Sea, Suez Canal Authority (SCA) Chairman Osama Rabie said on Thursday.
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Business
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Economy
12/19/2023 6:45:15 PM
Saudi Arabia’s transportation and logistics company Bahri is exploring a partnership with Egypt’s Alkahera Company for Ferries and Maritime Transport and the Suez Canal Authority (SCA) in shipbuilding and logistic services, according to a cabinet statement on Tuesday.
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Egypt
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Urban & Transport
12/17/2023 6:33:08 PM
Chairman of the Suez Canal Authority (SCA) Osama Rabie stated on Sunday that 55 ships diverted from the Suez Canal route to the Cape of Good Hope route since 19 November, considering it a small percentage compared to the crossing of 2,128 ships during the same period.
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Business
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Economy
12/7/2023 5:08:45 PM
Egyptian Prime Minister Mostafa Madbouly approved permitting the Suez Canal Authority (SCA) to co-establish Suez Canal for Modern Boats, a joint-stock company, per the decree published in the Official Gazette on Thursday.
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Egypt
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Urban & Transport
12/6/2023 9:39:35 PM
The container ship that sustained malfunction while transiting the Suez Canal earlier on Wednesday has resumed its journey after being repaired, the Suez Canal Authority (SCA) said.
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Egypt
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Urban & Transport
11/30/2023 1:13:07 PM
Egypt’s Suez Canal Authority (SCA) announced on Thursday that it achieved a significant increase of 20.3 percent with the canal’s revenue reaching $854.7 million in November 2023, compared to $710.3 million in November 2022, showing a difference of $144.4 million.
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Business
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Economy
10/25/2023 6:00:00 PM
Egypt's Suez Canal Authority (SCA) has signed a memorandum of cooperation (MOC) with Qatari dairy producer Baladna valued at $1.5 billion to initiate projects that guarantee food security for the Egyptian population.
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