Latest News for: Suez leasing

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Egypt's SCzone signs leasing contract with XINXING Ductile Iron Pipes Co.

Egypt Today 27 Mar 2024
CAIRO – 27 March 2024. The Suez Canal Economic Zone (SCzone) signed Wednesday a leasing contract with XINXING Ductile Iron Pipes Co ... The Suez Canal Economic Zone (SCzone) signed Wednesday a leasing contract with XINXING Ductile Iron Pipes Co ... .
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‘Don’t do it’: Somali president warns Ethiopia over Somaliland port deal

Al Jazeera 23 Jan 2024
Ethiopia is aiming to establish a marine force base in the land leased from Somaliland and obtain a port for maritime exports in the Red Sea and the Suez Canal, which could improve its access to Europe.
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Egypt’s Alleged Suez Canal Sell-off: Examining President el-Sisi’s Controversial Financial Scheme

Watan 10 Jan 2024
Morsi was accused of planning to sell the Suez Canal along with the Muslim Brotherhood ... Earlier reports in economic circles had discussed the UAE’s intention to lease the Suez Canal for the next 50 years.
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Why is Somalia so angry about Ethiopia’s new Red Sea port deal?

Al Jazeera 06 Jan 2024
A deal under which Somaliland has agreed to lease a Red Sea naval port to Ethiopia has sparked anger in Somalia ... The port will open Ethiopia up to the Red Sea and the Suez Canal, giving it access to Europe.
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Somalia vows to defend sovereignty after Ethiopia-Somaliland deal

The Jordan Times 03 Jan 2024
On the southern coast of the Gulf of Aden, the port of Berbera offers an African base at the gateway to the Red Sea and further north to the Suez canal.
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Somalia to hold emergency meeting on Somaliland-Ethiopia deal

Paulding Progress 02 Jan 2024
On the southern coast of the Gulf of Aden, the port of Berbera in Somaliland offers an African base at the gateway to the Red Sea and further north to the Suez canal.�.
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Oil price gains and shipping headaches after Red Sea attacks risk new wave of inflation

CNN 19 Dec 2023
The Red Sea, especially with the Suez Canal, is like a superhighway for shipping containers, connecting different parts of the world, particularly Europe, Asia and Africa,” said Christian Roeloffs, ...
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Suez Canal Authority Plans First Asset Sale With IPO for Subsidiary

The Maritime Executive 22 Jun 2023
The Suez Canal Authority is planning to sell a 20 percent stake in one of its maritime services subsidiaries, the Canal Company for Mooring and Lights (CCML) ... "It is out of question to privatize or lease it,” he said.
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Egypt slams The Economist’s report on Egyptian affairs

Egypt Independent 20 Jun 2023
“Most Egyptians see – Egyptians fear – more than half of Egyptians are more discontented- It is being whispered that Egypt may lease the Suez Canal, and so on.” .
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Israel to build fibre-optic link between Europe and Asia

Reuters 18 Jun 2023
It will be available to any telecom company licensed in Israel under a 25-year lease, the ministry said. EAPC, or the Europe Asia Pipeline Company, offers its pipeline as an alternative to the Suez Canal ... Our Standards ... Read Next. article with video ... ....
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Egyptians are disgruntled with President Abdel-Fattah al-Sisi

Economist 15 Jun 2023
He cut the Suez Canal through the Sinai desert ... He has built a second Suez Canal ... It is whispered that for a trillion dollars or so Egypt may even have to offer a 99-year lease of the Suez Canal.
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US approves offloading of suspected Iranian crude from seized Suez Rajan

Tradewinds 11 Jun 2023
... the Suez Rajan’s cargo ... The Suez Rajan is owned outright by Greece’s Empire Navigation after paying off a lease from Oaktree Capital Management’s Fleetscape unit ... Suez Rajan comes to a halt off Texas.
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Suez Canal chief seeks to dispel fears over draft Egypt law

Arab News 23 Dec 2022
CAIRO; The chairman of Egypt’s Suez Canal has affirmed the waterway is “not for ... Suez Canal Authority Chairman Osama Rabie said that the canal cannot be “sold, leased or borrowed for collateral.”.
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Soldiers’ return part of Smyrna’s Veterans Day

Murfreesboro Post 17 Nov 2022
Djibouti is near the southern end of the Red Sea and helps to control access to the Suez Canal. At Smyrna Airport, a leased Southwest Airlines 737 braked to a stop and opened the front hatch to cheers ...
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You Do Not, Under Any Circumstances, Gotta Hand It To America Firsters

TPM 09 Aug 2022
leaders, sensible of the analogy to the past, invoke the Franklin Roosevelt administration to justify aid short of war — most explicitly when, this May, President Biden signed a law styled the Ukraine Democracy Defense Lend-Lease Act.
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