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Suez Canal Authority latest

Tutankhamen's Coffin in Egyptian Museum in Cairo. (Shutterstock/ File)

February 11th, 2019 - 10:00 GMT

Historical Suez Canal Buildings to be Converted Into World Museum

An official source at the Suez Canal Authority announced on Saturday that construction of the Suez Canal International Museum in Ismailia city has begun, at a cost of LE200 million.

Bulldozers push earth and dredgers spit mud round the clock at Egypt’s Suez Canal in a race to quickly expand the strategic waterway for two-way traffic.

March 5th, 2015 - 06:21 GMT

Nationalist glory or economic revival? Why Egyptians are rushing for two-way traffic in the Suez Canal

The strategic waterway, the fastest shipping route between Europe and Asia, is a barometer for international trade.

February 5th, 2015 - 09:22 GMT

Feeling confident: Suez Canal Authority reduces discounts for LNG carriers

Al Bawaba

September 16th, 2014 - 02:12 GMT

That's more than a billion a day: Egypt raises $8.5 billion in total for Suez Canal expansion project

Suez Canal investment certificate yields will be paid to certificate-holders from annual revenues, after one year of drilling the canal, Governor of Central Bank of Egypt Hisham Ramez announced Friday.

August 17th, 2014 - 06:35 GMT

Luring investors: Suez Canal 'investment certificate' to guarantee 12% yield

Former president Hosni Mubarak launched national projects, but they were not completed because of a lack of political will.

August 17th, 2014 - 10:31 GMT

The unquestionable Suez Canal development project leaves many questions unanswered

Rizq added that he expects the contract with the winning consortium to be announced within days, and that the consortium will finish and present the plan to the cabinet within six months after the announcement.

May 16th, 2014 - 12:29 GMT

Checking in: where does Egypt's impending Suez Canal Development Project stand?

Egyptian security are set to beef up their presence on the Suez canal following a failed 'terrorist' attack on Saturday. (AFP)

September 1st, 2013 - 06:23 GMT

Egyptian army to boost Suez security after failed attack

Egypt is to raise the fees for ships using the Suez Canal

May 1st, 2013 - 08:59 GMT

Egypt to raise Suez Canal fees

Egypt received $398.5 million in revenues from the Suez Canal in March, the latest statistics show

April 21st, 2013 - 11:18 GMT

Egypt's Suez Canal revenues dip

Egypt’s Suez Canal Authority said early on Monday that inspectors did not find arms in a Tanzanian-flagged ship carrying an Iranian cargo destined for Syria.

March 31st, 2013 - 06:51 GMT

No arms found in Syria-bound Iran cargo, says Suez Canal Authority

Egypt’s vital waterway Suez Canal hit a 7.4 percent slump in monthly revenues.

March 31st, 2013 - 03:30 GMT

Suez Canal revenues fall

Suez Canal, Egypt

March 24th, 2013 - 08:20 GMT

Super Saturday at Suez: Good news for Egypt's battered economy as canal records best day of 2013