New Suez Canal News

Politics

Egypt opens $8 billion ‘New Suez Canal’ in boost to El-Sisi

The new canal allows two-way traffic and reduces transit time to 11 hours from 18

4 min read6 Aug 2015
News

Egypt says ‘new Suez Canal’ ready for business

The 72-km section is built for speeding up traffic along the existing waterway by reducing the waiting period, as well as boosting revenues

1 min read29 Jul 2015
News

Egypt completes first trial run of ‘new Suez canal’

Dubbed the Suez Canal Axis, the new 72km project is aimed at speeding up traffic along the existing waterway

1 min read25 Jul 2015

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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