Suez Canal

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New Suez Canal inaugurated in elaborate ceremony

AUGUST 6, 2015—In an elaborate ceremony featuring a naval flotilla and fighter jets, as well as a host of foreign dignitaries, Egyptian President Abdel Fattah Al-Sisi today inaugurated the New Suez Canal.

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GLDD gets a slice of the Suez pie

OCTOBER 21, 2014 — Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) reports that the Suez Canal Authority Chairman Mohab Mohamed Hussein Mamish has signed a $540 million contract with a consortium consisting

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Consortium wins Suez Canal expansion contract

OCTOBER 19, 2014—A consortium consisting of Royal Boskalis Westminster N.V., Van Oord, NMDC (Abu Dhabi) and Jan de Nul (Belgium) has been awarded a $1.5 billion contract by the Suez Canal Authority in

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Egypt Suez Canal stamp shows wrong canal

SEPTEMBER 16, 2016 — Egyptian postal authorities have made a classic stamp design blunder. A new stamp commemorating the Suez Canal contains an image of — the Panama Canal. It’s not the