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Suez Canal

The Suez Canal is an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea to the Red Sea through the Isthmus of Suez and dividing Africa and Asia. The canal is a route of trade between Europe and Asia. It is managed by the state-owned state-owned Suez Canal Authority (SCA).

Suez Canal president calls for regulations favouring investments

Port Said, Egypt (PortSEurope) June 25, 2018 – The Suez Canal Authority (SCA) plans to draw up a general plan to attract more cargo traffic to the Nile...

Damietta port to reduce some fees

Damietta, Egypt (PortSEurope) January 16, 2018 – Container ships with the capacity of 100 units or less passing through the Damietta Port will be exempt...

Suez Canal Authority profit rises 4.66% y/y in July 2017

Port Said, Egypt (Ports Europe) August 23, 2017 – Suez Canal Authority (SCA) said it posted a profit of $447.1 million (€379 million) in July 2017, up...

DP World, Suez Canal Economic Zone set up joint venture

Port Said, Egypt (Ports Europe) August 10, 2017 – UAE-based group DP World has set up a joint venture with Egypt’s General Authority for the Suez...

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