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Suez Canal Authority (SCA) is an Egyptian state-owned authority which owns, operates and maintains the Suez Canal. It was set up by the Egyptian government to replace the Suez Canal Company in the 1950s which resulted in the Suez Crisis .
The Suez Canal (/ ˈ s uː. ɛ z /; Arabic: قَنَاةُ ٱلسُّوَيْسِ, Qanāt as-Suwais) 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 (and by extension, the Sinai Peninsula from the rest of Egypt).
He was Chairman of Suez Canal Authority from 14 October 1965 until 31 December 1983. [2]Mashhour was one of the most significant chairmen of the Suez Canal, as he has witnessed very critical periods of Suez Canal history, the thing that made some call him "The man of the difficult missions". [3]
The chairman of the Suez Canal Authority said last week that canal revenue had fallen by 40% in the first 11 days of January. In the year to June 30, the canal earned Egypt a record $8.76 billion ...
Lieutenant-General Osama Rabie, Chairman of the Suez Canal Authority, inspected efforts to free a stuck container ship that was blocking the canal on Friday, March 26.Footage uploaded to Facebook ...
The Suez Canal Authority (SCA) said eight tugs were working to move the vessel, which got stuck diagonally across the single-lane southern stretch of the canal on Tuesday morning amid high winds ...
The waterway was eventually reopened on 10 June 1975. The 14-state Multinational Force and Observers (MFO) currently oversees the terms of the peace treaty over the canal, which is owned and maintained by the Suez Canal Authority of the Arab Republic of Egypt. According to the international rules that govern navigation through the Suez Canal ...
The canal is a key source of scarce foreign currency for indebted Egypt, which spent an estimated $8.2 billion on an expansion of the canal that opened in 2015 and included the creation of a 35-km ...