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The Latest Breaking News from Suez Canal

Egypt, Norway’s Scatec Sign MOU on Green Ammonia Project

Egypt has signed a memorandum of understanding for a $5 billion project with Norway’s Scatec (SCATC.OL) to build its first green ammonia plant in the Suez Canal Economic Zone, the cabinet said on Thursday. The green ammonia plant near the Red Sea port and industrial zone of Ain Sokhna would…

Asharq Al-Awsat

Egypt raises transit fees by up to 10 per cent for ships passing through Suez Canal

The hikes could later be revised or called off, according to changes in global shipping

Wales Online

Egypt Hikes Suez Canal Transit Fees for Ships

Egypt increased transit fees Tuesday for ships passing through the Suez Canal, one of the world’s most crucial waterways, with hikes of up to 10%, officials said. The Suez Canal Authority said on its website the increases were “in line with the significant growth in global trade" and cited the…

Asharq Al-Awsat

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Cash-strapped Egypt hikes Suez Canal transit fees for ships

Cash-strapped Egypt has increased transit fees for ships passing through the Suez Canal, one of the world's most crucial waterways

The Independent UK

New East Lothian town's first council houses delayed by Suez Canal blockage and Brexit

Blindwells is expected to have 1,600 new homes with further expansion planned in the future but difficulty with materials has caused some delays on the site

Edinburgh Live

Suez Canal Expansion to Increase Two-Way Section by 10km

Works are under way to expand the two-way section of the Suez canal to 82 km (51 miles) from 72 km, the chairman of the authority managing the Egyptian waterway said on Tuesday. Suez Canal Authority Chairman Osama Rabie told a news conference that it would be too expensive to…

Asharq Al-Awsat

The Historic Meeting between Saudi King Abdulaziz, US President Roosevelt

Every year on February 14, the Saudis and Americans remember the first meeting that brought together King Abdulaziz bin Abdul Rahman with then US President Franklin Roosevelt in the Great Bitter Lake in the Suez Canal. The historic meeting was known as the Quincy Summit or the Quincy Meeting, in…

Asharq Al-Awsat

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Egypt to Boost Suez Canal Economic Zone as it Hosts COP27

The Egyptian government is seeking to reinforce the role of the Suez Canal Economic Zone (SCZone) as Egypt hosts the United Nations Climate Conference (COP27) in Sharm El-Sheikh in November. Prime Minister Mostafa Madbouly met Monday with Yehia Zaki, the Chairperson of SCZone, to review global offers for green hydrogen…

Asharq Al-Awsat

Greece’s Thessaloniki Port Teams up with Suez Canal to Boost Business

Thessaloniki Port Authority , the operator of Greece's main port in the north, has teamed up with Suez Canal Economic Zone in Egypt, seeking to boost their business activities, the Greek port said on Wednesday. Thessaloniki port, a main gateway to the Balkans, has signed an agreement with Suez Canal…

Asharq Al-Awsat

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