They also visited some national projects, such as New Ismailia city in Sinai and its tunnels under the Suez Canal
The deal was signed by Sultan Ahmed Bin Sulayem, group chairman and CEO of DP World and Admiral Mohab Mamish, chairman of the Suez Canal
Authority and the Suez Canal
Economic Zone (SCZone).
In line with the Egyptian governments plans to develop the Suez Canal
Corridor and the new administrative capital, the development will aim to create a sustainable industrial zone to attract foreign investment.
Egypt's Suez Canal
Authority announced total revenues of $429 million in July from the canal, a decrease of almost two per cent from the $437.
com/suez-canal-expansion-pictures-egypt-unveils-new-8-billion-waterway-amid-controversy-2041656) officially inaugurated the new Suez Canal
in August , but it has since failed to live up to the promises of drawing more ships, boosting revenues and creating jobs that authorities promised.
30 (BNA): On the sidelines of the official visit of His Majesty King Hamad bin Isa Al Khalifa to the Arab Republic of Egypt, a delegation from the Ministry of Industry, Commerce and Tourism and a number of businessmen and businesswomen visited the Suez Canal
Moreover, Saudi businessmen are investing $4 billion in various projects including further expansion of the new Suez Canal
project, in the fields of energy and agriculture.
Four Seasons Hotel Cairo at Nile Plaza catered a dinner at the new Suez Canal
opening ceremony earlier this month.
A military spokesman said that rescue teams from Suez Canal
Authority (SCA) and Red Sea Ports Authority (RSPA) put out the fire and rescued all 13-member crew (six Egyptians and seven Indians).
Egyptians went all out to celebrate the launch of the new $8 billion Suez Canal
over the weekend, and Lebanese singers Nicole Saba and Nancy Ajram were one of the first celebs to congratulate them.
Cairo: Egypt's official and private TV stations are featuring countdown clocks for the inauguration of a new waterway built alongside the historic Suez Canal
, with the comment: "Egypt's gift to the world".
Transport, Communications and Works Minister Marios Demetriades will represent President Nicos Anastasiades at the inaugural ceremony of the Suez Canal
, the government said on Wednesday.
Cairo, July 25 (Petra)-- The first cargo ships passed through Egypt's New Suez Canal
on Saturday in a test run before it opens next month, Suez Canal
Authority chairman said.
Summary: The Suez Canal
Authority (SCA) announced today the launch of the celebrations of the new Suez Canal
The CMA CGM Group is pleased to announce that the CMA CGM KERGUELEN, the Group's largest vessel, crossed the Suez Canal
for the first time on May 2nd, 2015.