20 hours ago · CAIRO (Reuters) - The Suez Canal Authority's chairman, Osama Rabie, said on Monday that navigational maps for the planned 10km (6.2 mile) canal extension were issued. Rabie's statement said that ...

3 days ago · CAIRO - Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to the Red Sea, and urged the company to take that into account ...

3 days ago · Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to the Red Sea, and urged the company to take that into account when ...

In January 2021, Rabie announced that the Suez Canal Authority (SCA) had recorded its third highest revenues ever in 2020 at $5.6 billion, despite the coronavirus pandemic. By 2023, Rabie hopes to increase revenues to $13.5 billion. He has been leading the SCA since 2019 and is overseeing 14,000 employees operating a canal that is used for approximately 10% of the world’s trade. He is also a ...

Rabie assumed his current role at the SCA through a presidential decree in 2019. The number of ships passing through the Suez Canal increased by 17.6% to reach about 26,000 ships in the 2022/23 fiscal year. The SCA recorded revenues of $9.4 billion in 2022/23, an increase of 34.7% from the year before. In October 2023, it signed a $1.5 …

Dec 23, 2024 · Lieutenant General Osama Rabie, Chairman of the Suez Canal Authority, announced, Monday, the arrival of some marine units of the ‘Antipollution Egypt’ fleet in preparation for the start of providing waste collection and safe disposal services from ships crossing the canal within the northern and southern entrances during the first quarter ...

It was a bad week for Adm Osama Mounier Mohamed Rabie. The Suez Canal Authority (SCA), which he chairs, was held hostage by the grounding of one of the world's largest container ships, the Ever Given , blocking hundreds of vessels from entering the strategic waterway, through which some 30% of global shipping freight travels, for almost seven days.

CAIRO - 5 December 2024: Admiral Osama Rabie, chairman of the Suez Canal Authority (SCA) received a delegation from the Egyptian Military Diplomatic Representation Course abroad. The delegation was headed by Brigadier General Mohamed Salah El-Din, head of the Military Attachés Department, who was joined by several senior leaders of the ...

The SCA was established in 1956 to manage, maintain, and improve the Suez Canal’s operations, reporting directly to Egypt’s Prime Minister. The company employs 14,000 people. It reported revenues of $6.3 billion in 2021, an increase of 12.8% compared to 2020 and the highest in its history. In the same year, 1.3 billion in net tonnes …

Aug 12, 2024 · Arab Finance: Egyptian President Abdel Fattah El-Sisi has extended the term of Osama Rabie as the Chairman and Managing Director of the Suez Canal Authority (SCA) for one year, starting August 12th, according to a statement. Rabie has been serving as the SCA’s chairman since August 2019, succeeding Mohab Mamish.