A total of 90,000 ships have passed through the New Suez Canal, with a net tonnage of …
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new Suez Canal
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FeatureIndustry & TradeTech/AI
Egypt’s Suez Canal revenues hit $19.1 billion since new channel opening
by Sanaa Allamby Sanaa AllamEgypt’s revenues from the Suez Canal in the four financial years from 2015/2016 – when a new …
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Industry & Trade
Russia’s industrial zone in Egypt to open regional markets for Russian goods
by Yomna Yasserby Yomna YasserA Russian industrial zone off the New Suez Canal is set to become the first platform to …
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Egypt raised interest rates on five-year investment certificates in its New Suez Canal project to 15.5 percent, …
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Financial Institutions
Suez Canal Insurance wins policy for East Port Said tunnel drilling equipment
by Yomna Yasserby Yomna YasserEgypt’s leading composite insurer, Suez Canal Insurance Company has won a policy bid to insure one of …
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Egypt News
‘Low Oil Prices Make Suez Canal Unattractive’: German paper
by Yomna Yasserby Yomna YasserEgypt’s Suez Canal is being used by fewer ships than usual as the trade route has become …
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The Prime Minister of the Democratic Republic of Congo, Matata Ponyo Mapon, visited Egypt’s New Suez Canal on …
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Egypt News
New Suez Canal saves “5-10% of total operating costs”- Intesa Sanpaolo report
by Noha Gadby Noha GadEgypt’s New Suez Canal has led to a decrease in transit time from 18 to 11 hours, …
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Egypt’s revenues from the Suez Canal dropped to US$448.8 million in September from $462.1 million in August, …
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Egypt News
Egypt to include new Suez Canal logo on the half pound coin
by Yomna Yasserby Yomna YasserEgypt is in the process of issuing new half pound coins with the logo of the new …
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