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On 4 November 2005, the USTR designated a fourth zone in the Central Delta region and expanded the Greater Cairo and Suez Canal zones. [ 2 ] The protocol signed between the two nations is a non-reciprocal arrangement and is expected to be a step towards the establishment of a Free Trade Agreement (FTA) between the two countries. [ 1 ]
A port situated in Ain Sokhna, a region of Suez Governorate of Egypt. [2] A major international gateway port for Egypt, the Persian Gulf and Asia, Ain Sokhna Port is located on the western coast of the Gulf of Suez, 43 km south of the city of Suez. [3] Covering an area of 22.3 km 2, it has a depth of 18 m. Due to abundant surrounding land, the ...
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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).
The Suez Port (also called Port Tawfiq) is an Egyptian port located at the northern tip of the Gulf of Suez on the Red Sea at southern entrance of the Suez Canal, serving the canal and the city of Suez. It is owned and operated by the Ministry of Transport's General Authority of Red Sea Ports, [1] and is home to the Suez Canal Authority (SCA ...
In total, 20,649 vessels transited the Suez Canal in 2021 - an increase of 10% over 2020. [7] In 2022, annual revenue stood at $8 billion in transit fees. [8] The Suez Canal set a new record with annual revenue of $9.4 billion in USD for the fiscal year that ended June 30, 2023. [9] Suez Canal monthly revenue In USD
Canal of the Pharaohs; Closure of the Suez Canal (1956–1957) Closure of the Suez Canal (1967–1975) Suez (company, 1997–2008) Suez Company (1858–1997) Suez Canal Container Terminal; Convention of Constantinople; Alphonse Couvreux
The Cairo and Alexandria water companies were nationalized in 1956, along with the nationalization of the Suez Canal by the socialist government of Gamal Abdel Nasser. For the promotion of investments in provincial cities, two state agencies were created, one in charge of water supply and one in charge of sanitation.