Search results for: Egypt

271 results

A list of search results

  • 15 April 2015
    Business & Finance, Equipment, Technology, Vessels

    Van Oord, a Dutch contracting company that specializes in dredging and land reclamation, has deployed its trailing suction hopper dredger Volvox Asia to the New Suez Canal Project. The Volvox Asia will accompany three stationary cutter suction dredgers and a large self-propelled cutter suction dredger, already working on the project. Another cutter suction dredger will be […]

  • 1 April 2015
    Business & Finance

    Egypt stands poised to take advantage of great advances in trade infrastructure; expanding the Suez Canal, developing its ports and revitalizing its core infrastructure through the creation of new economic and infrastructure developments. With tight deadlines and ambitious vision, these projects represent the biggest infrastructural changes Egypt has seen in modern times. As these projects […]

  • 26 March 2015
    Business & Finance, Equipment, Technology, Vessels

    The New Suez Canal development scheme is progressing well and is scheduled to be completed this August. The opening of the new waterway will almost double the Suez Canal capacity and is expected to increase annual revenues to $13.5 billion by 2023. The project was launched by the Chairman of the Suez Canal Authority Mohab Mamish in […]

  • 26 February 2015
    Business & Finance, Equipment, Technology

    Van Oord, a Dutch contracting company that specializes in dredging and land reclamation, recently deployed its first dredging vessels to the New Suez Canal project. At the moment, they have three vessels in operation, two stationary cutter suction dredgers and the large self-propelled cutter suction dredger Artemis. This fleet will gradually be expanded with additional two dredging […]

  • 19 January 2015
    Business & Finance

    During the recent visit to the National Marine Dredging Company presentation on the New Suez Canal Project, Egyptian President Abdul Fattah el-Sisi was informed about the progress made so far on the Project. Some of the world’s top dredging companies are taking part in this major project that is designed to enlarge the transit capacity and to increase industrial activity […]

  • 26 December 2014
    Business & Finance, Equipment, Technology

     “We are in a race against time to finish the new Suez Canal Project,” Chairman of the Suez Canal Authority Mohab Mamish said on Tuesday. Mamish added that the digging rate was beyond expectations due to efforts exerted by the Egyptian army. Some of the world’s top dredging companies are taking part in the New […]

  • 4 November 2014
    Business & Finance

    Egypt and the Netherlands have signed a Memorandum of Understanding (MoU) that will expand their current cooperation in water management sector. Over the next five years the two countries will initiate new cooperation on the issues of water resource management and protection of Egypt’s northern coast. Egypt’s Water Resources and Irrigation Minister, Hossam Moghazy and […]

  • 2 September 2014
    Business & Finance, Equipment, Technology

    Governor of the Central Bank of Egypt (CBE) Hisham Ramez announced on Sunday issuance of investment certificates for the New Suez Canal Project. Ramez said that Cabinet’s economic group has agreed on issuing investment certificates of the New Suez Canal project and that the issue was raised to President Abdel Fattah El Sisi. He expected […]

  • 1 September 2014
    Business & Finance, Equipment, Technology

    Major General Kamel al-Waziri, chief of the Engineering Authority of the Armed Forces, said that the New Suez Canal dredging program will start today. Waziri added that dredgers will enter into the site of the New Suez Canal to begin the second stage of digging in parallel with the dry digging. On August 5, President Abdel […]

  • 21 August 2014
    Business & Finance, Equipment, Technology

    Prime Minister Ibrahim Mahlab made an inspection visit to the digging site of the new Suez Canal Development Project on Tuesday. The PM was accompanied by Chairman of the Suez Canal Authority Mohab Mamish. As for funding the digging works of the new Suez Canal, Mahlab said it will be made through public subscription, government […]

  • 18 August 2014
    Business & Finance, Equipment, Technology

    Ahmed El-Tayyeb, Grand Imam of Al-Azhar, has urged Egyptians to support the New Suez Canal Project. During a visit to the project, Tayyeb said the New Suez Canal was a challenge to Egyptians that would show the strength, steadfastness and will of Egyptians. He was received upon his arrival at the scene by Chairman of […]

  • 15 August 2014
    Business & Finance, Equipment, Technology

    President Abdel Fattah El Sisi met on Thursday with Prime Minister Ibrahim Mahlab, Central Bank of Egypt (CBE) Governor Hisham Ramez, Minister of Finance Hany Qadry, International Cooperation Minister Naglaa el-Ahwani, and Investment Minister Ashraf Salman to discuss plan of funding new Suez Canal project. In a press release, Presidential Spokesman Ihab Badawi said that […]

  • 14 August 2014
    Business & Finance, Equipment, Technology

    Chairman of the Suez Canal Authority (SCA) and head of the executive council of the Suez Canal Corridor Project Mohab Mamish said that the name of the consortium that wins drawing up the Suez Canal Corridor Project’s blueprint would be announced within this week. He pointed out that the measures to choose that consortium were […]

  • 14 August 2014
    Business & Finance, Equipment, Technology

    The Armed Forces have already commenced carrying out the New Suez Canal Project. The digging works were divided into 33 sectors and assigned to specialized civil companies and two road divisions of the Armed Forces Engineering Authority. The project will boost Egypt’s economy and help speed up the movement of vessels through the 193 km […]

  • 12 August 2014
    Business & Finance, Equipment, Technology

    The Armed Forces have already started carrying out the New Suez Canal Project, according to sis.gov.eg. The digging works were divided into 33 sectors and assigned to specialized civil companies and two road divisions of the Armed Forces Engineering Authority, Brigadier Mohamed Samir said. The work was divided into sectors to complete the project in […]

  • 5 August 2014
    Business & Finance, Equipment, Technology

    Egypt’s President Abdel Fattah al-Sisi attended the ceremony of launching the Suez Canal Axis Development Project at the Suez Canal Authority (SCA) club, Ismailia governorate. SCA Chairman Lt. General Mohab Mamesh delivered a speech, recalling that Egyptians have scarified their lives to dig the Suez Canal, which changed the history and became the life line […]

  • 28 May 2014
    Business & Finance, Equipment, Technology

    Suez Canal yesterday achieved a record in the number of vessels and the cargo passing through it, Suez Canal Authority Chairman Mohab Mamish said. In statements to Al-Tahrir TV channel, Mamish said revenues of Suez Canal are on the rise, asserting that security levels at the water course were beefed up during the election days. […]

  • 8 May 2014
    Business & Finance, Equipment, Technology

    Admiral Abdul Kader Darwish, chairman of Damietta Port Authority, said that the dredger “Werner Mobius” arrived at the Port of Damietta two days ago with the task to remove sediment from the access channel of the port. Chairman said that the main goal of this dredging program is to maintain the depths of the Port […]

  • 13 March 2014
    Business & Finance, Equipment, Technology

    Prime Minister Ibrahim Mehleb issued a decision No 377 for 2014 to form a ministerial committee for the Suez Canal Development Project. The committee will be headed by Prime Minister and include Ministers of Housing, Local Administration, Industry, Planning, Civil Aviation and Transport, as well as Ismailia and Port Said governors, in addition to head […]

  • 24 February 2014
    Business & Finance, Equipment, Technology

    Transport Minister Ibrahim el-Demiri paid a visit to Damietta Port yesterday. During this visit, he witnessed the signing of an agreement on a dredging program between Damietta Port Authority and el-Temsah Ship Building Company, one of the Suez Canal Authority’s companies. Damietta Port is located 8.5 km west of the Nile River of Damietta branch […]

  • 24 September 2013
    Business & Finance

    Trade and Industry Minister Mounir Fakhri Abdel-Nour said that the Suez Canal corridor development project and the establishment of enterprises with high economic values in the area has been a main part in the government’s platform and priority for the coming phase. The government plans to turn the Suez Canal area into the largest industrial […]

  • 9 September 2013

    Chairman of the Suez Canal Authority Mohab Memish said that the project of “Suez Canal Axis” will be developed in a way that allows accelerating the growth rate in the region as well as attracting Arab and foreign investments to take part in the implementation of the project. He said that the name of Suez […]

  • 15 May 2013
    Business & Finance

    Damietta Port Authority has organized for the first time since its establishment under the auspices of ADM / Sami Suleiman Mahmoud chairmans of port authority a workshop under title (the phenomenon of siltation in Damietta port entrance channel, the problem and solutions) in collaboration with the Faculty of Science, University of Damietta and Sub Engineers […]

  • 13 May 2013

    President Mohamed Morsi has called for expediting the implementation steps for the Suez Canal Corridor project in view of its positive effect in supporting the Egyptian economy, luring Arab and world investments, providing thousands of job opportunities for the Egyptians in general and Sinai citizens and the Canal region in particular. This came during the […]

  • 1 May 2013

    DPW Sokhna had the privilege of participating in the 1st Mediterranean ports 2013 conference and exhibition which was held in Alexandria on 23-24 April 2013, including the presence of more than 300 executives and decision makers of the important global ports, shipping companies, cargo owners, shipping lines, logistic services companies, ports operating companies, rail ways […]

  • 26 February 2013
    Business & Finance

    Prime Minister Hisham Qandil held a meeting with Minister of Agriculture Salah Abdul Momin and leaders of the Ministries of Agriculture and Irrigation on 23/2/2013. During the meeting, they discussed a land reclamation plan proposed by the Agriculture Ministry. The plan includes methods and rules in order to achieve the objectives of the government’s plan […]