Friday 19 April 2024
 
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Dubai Canal offers UAE yacht owners 'cruising sanctuary'

The ambitious Dubai Canal project will change how boating is perceived in the UAE, inspiring more people to explore the possibilities of on-water living and entertainment, according to one of the world’s leading superyacht builders.

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Sheikh Mohammed inaugurates Dubai Water Canal

Vice President and Prime Minister of the UAE and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum has inaugurated the second phase of the Dubai Water Canal, a 12-km waterway that connects Dubai Creek with the Arabian Gulf. &nb

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Sheikh Mohammed inaugurates Dubai Water Canal

Vice President and Prime Minister of the UAE and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum has inaugurated the second phase of the Dubai Water Canal, a 12-km waterway that connects Dubai Creek with the Arabian Gulf. &nb

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Suez Canal expansion opening to high hopes

Egypt will open an expansion to the Suez Canal to great fanfare today (August 6).  The project is the centrepiece of President Abdel Fattah Al Sisi's plans to revitalise the country's economy after years of damaging political turmoi

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Egypt to speed up shipping with new Suez waterway

Egypt plans to allow smaller vessels in the Mediterranean direct access to East Port Said around the clock instead of just eight hours a day by building a side channel near the Suez Canal, which will speed up shipping movements in the area.

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Suez Canal sets discount for LNG carrier transit toll at 25pc, down from 35pc

The Suez Canal Authority said transit tolls would remain steady in 2015, except for a reduction in the discount for liquefied natural gas (LNG) carriers.   Authority chairman Mohab Mahmish told a news

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Suez Canal revenue rises 3.5pc

Monthly revenue from Egypt's Suez Canal rose 3.5 percent in the year to March to $428 million, the Egypt Information Portal website showed on Monday.  The canal's revenue in March 2011 was $413.5 million. Revenue rose 12.2 percent mo

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Suez Canal Dec revenues total $443.7m

Revenue from Egypt's Suez Canal rose 4.8 percent on a year earlier to $443.7 million in December, but up 1.9 percent from a month earlier, the Egypt Information Portal website showed.  The canal's revenues in December 2010 were $423.

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Tehran 'to test-fire long-range missile'

Tehran said it will test-fire missiles in the Strait of Hormuz today (December 31), a move likely to stoke tensions with Washington already running high over Iran's threats to close the strategic oil waterway if sanctions are enforced. "Sh

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Suez Canal work normal; June income up 16pc

Suez Canal, a vital waterway for world trade, is operating normally despite days of sit-ins and protests in the area, a Suez Canal Authority official told the state news agency, MENA, on Sunday. Protests erupted in Suez, a city at the sout

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