Search results for: Egypt

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  • 11 February 2015
    Business & Finance

    Egyptian President Abdel Fattah Al Sisi gave an interview to Russia’s Sputnik news agency yesterday, on a number of issues including the bilateral relations and Egypt’s role at the Arab and African levels. In the interview, the President reviewed the New Suez Canal project, highlighting the “marvelous role” played by the Egyptian people to fund […]

  • 17 June 2015
    Business & Finance, Project & Tenders

    The Egypt Ports & Waterways Summit (9-11 June), hosted by IQPC, brought together industry leaders, government officials and investors to discuss the future of the country’s dredging projects, ports and waterways. IQPC is also organizing the Coastal and Canal Zone Development Conference taking place in Cairo from 17-19 November. The focus of this event will be […]

  • 2 September 2014
    Business & Finance, Equipment, Technology

    President Abdel Fattah al-Sisi issued a presidential decree on the investment certificates for the New Suez Canal project, Presidential Spokesman Ihab Badawi said. Under the decree, the National Bank of Egypt, Banque Misr, Banque du Caire and Suez Canal Bank are entitled to issue the new certificates. The certificates will be issued in various categories […]

  • 31 May 2011

    Qatar said on Sunday that it had signed an agreement with Egypt to establish two new ports with the potential to create more than a million… By Andy Sambidge (arabianbusiness) [mappress] Source: arabianbusiness, May 31, 2011;      

  • 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 […]

  • 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 […]

  • 16 January 2015
    Business & Finance

    British Minister for the Middle East Tobias Ellwood has met Egyptian President Abdel Fattah el-Sisi. The meeting came at the end of a three-day British trade mission led by Mr Ellwood, which was the largest to Egypt in over ten years. The Minister arrived in Cairo last Monday leading the largest trade mission to Egypt, involving […]

  • 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 […]

  • 19 March 2020
    Business & Finance

     Hansel Marine, a Chinese manufacturer of dredgers and dredging equipment, has announced that two units of HS-55 series cutter suction dredgers (CSDs) were successfully launched earlier this month at a dredging site in Egypt. After one month voyage by the general cargo ship, the dredgers arrived at Egypt in early March. The engineers and […]

  • 18 May 2015
    Business & Finance, Project & Tenders

    Egypt’s President Abdel Fattah al-Sisi met yesterday, May 17th 2015, with the Chairman of the Suez Canal Authority Mohab Mamish to discuss the progress being made on the New Suez Canal project.  During the meeting, President Sisi emphasized that the project must be completed on time and in accordance with the latest international standards. According to spokesman […]

  • 23 June 2010

    The Suez Canal, located in Egypt, is a 101 mile (163 km) long canal that connects the Mediterranean Sea with the Gulf of Suez, a northern…   [mappress] Source: Suez Canal, June 23, 2010

  • 2 September 2014
    Business & Finance, Equipment, Technology

    The New Suez Canal Project is moving ahead. Around 17.5 million cubic meters of material have been dug so far. 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 […]

  • 21 August 2015
    Business & Finance

    Following the completion of the New Suez Canal project, Egypt is embarking on a number of other new projects with the same goal, establishing itself as a premier destination for transhipment of cargoes. These include the construction of a new $2 billion grain terminal at Damietta, as well as the development of port and inland infrastructure […]

  • 25 February 2016
    Business & Finance

    Egypt’s Prime Minister Sherif Ismail officially inaugurated the port of East Port Said’s side channel yesterday. The inauguration ceremony was attended by the Chairman of Suez Canal Authority, Mohab Mamish, along with a number of ministers, governors and foreign diplomats. “The objective of the canal is to reduce the waiting period, which is currently at […]

  • 6 July 2015
    Business & Finance

    The Coastal and Canal Zone Development Conference, organized by International Quality & Productivity Center (IQPC), will take place from 17-19 November in Cairo, Egypt. This event will act as a platform for the stakeholders of a number of interconnected mega projects to outline their strategies for development and meet with potential suppliers, investors and partners in order […]

  • 16 September 2014
    Business & Finance, Equipment, Technology

    Suez Canal Authority Chairman Mohab Mamish announced yesterday that water has entered the New Suez Canal waterway from the northern and southern entrances of the Canal. He added that this is a historical moment for the country. The New Suez Canal project will boost Egypt’s economy and help speed up the movement of vessels through […]

  • 4 August 2015
    Business & Finance, Equipment, Technology, Vessels

    Records were broken, vessels were mobilized from every corner of the globe, and work was carried out non-stop. The construction of the new Suez Canal in Egypt was like a rollercoaster ride, said Van Oord. The new Suez Canal has been completed in record time thanks to several consortia from the global dredging scene. In […]

  • 25 November 2014
    Business & Finance

    Dredging works on the new Suez Canal in Egypt, an ambitious project with a deadline of only nine months, are in full swing and are going according to schedule. Companies from Egypt, UAE, the US, Belgium, and the Netherlands will dredge the new waterway. Included in the project are Boskalis, Van Oord, National Marine Dredging Company (NMDC), Jan de […]

  • 21 November 2017
    Business & Finance

    National Marine Dredging Company (NMDC) from Abu Dhabi has signed an agreement with Canal Harbor and Great Projects Company (CHP), a subsidiary of the Suez Canal Authority, to become shareholders in a newly incorporated Egyptian company, named The Challenge – Egyptian Emirates Marine Dredging Company. Under the agreement, the scope of operations for the NMDC-CHP joint […]

  • 3 November 2016
    Business & Finance, Project & Tenders

    Van Oord has been awarded two contracts by international contractor Subsea 7 for the construction of a landfall and the execution of subsea rock installation works in Egypt. The projects are part of the West Nile Delta project, which comprises the development of a series of gas fields, located 65 km off the northern coast of […]

  • 1 May 2017
    Business & Finance

    Egypt’s Damietta Port and the Armed Forces Engineering Authority last week signed a cooperation protocol for the construction of a new multi-purpose terminal. According to the DPA Chairman, AD./ Ayman Saleh, the new terminal will have a depth of 17m, berths 630m long, and back area of 75,000m². Saleh also said that the construction of […]

  • 22 September 2014
    Business & Finance, Equipment, Technology

    Egypt’s President Abdel Fattah El Sisi is closely following up the developments related to the New Suez Canal Project, said Head of the Suez Canal Authority Mohab Mamish. The project is moving in line with the scheduled timeline, he added during a celebration organized by the Arab Academy for Science Technology and Maritime Transport (AASTMT) […]

  • 14 May 2013
    Business & Finance

    Egyptian Prime Minister Hesham Kandil called on Turkish businessmen to invest in the Suez Canal, one of the world’s the most important waterways, as the Egyptian government wants to turn the canal into a “development corridor” by establishing industrial zones on the left and right banks of the canal. “The Suez Canal’s contribution to the […]

  • 30 November 2014
    Business & Finance

                    Latest Video on the New Suez Canal Project Dredging works on the new Suez Canal in Egypt, an ambitious project with a deadline of only nine months, are in full swing and are going according to schedule. Atlas Provides Professionals to New Suez Canal Project A consortium consisting of […]

  • 7 August 2015
    Business & Finance

    The Suez Canal Container Terminal (SCCT), located east of the northern entrance of the Suez Canal, at the convergence of the continents of Africa, Asia and Europe, is preparing for an even larger role in global trade as the expansion of the man-made waterway linking the Mediterranean and Red Seas enables increased vessel traffic. Four […]

  • 31 October 2018
    Business & Finance

    Within the framework of ongoing coordination between Damietta Port Authority (DPA) and Damietta Container and Cargo Handling Company, DCHC is currently undertaking an ambitious project to reinforce and deepen its berths to the depth of 17m. The company reported that the project, which is scheduled to last approximately 22 months, will be implemented in three stages […]