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Tolls held in line as Suez Canal in 'crisis'

Globe and Mail (Free subscription) | 06/01/2009

The Suez Canal has opted against increasing tolls in 2009 because of uncertainty in the shipping industry caused by piracy and the global credit crunch, a canal authority official said yesterday. Canal Authority president Ahmed Ali Fadel said the canal is in ''a crisis'' because fewer boats are passing through. He predicted that the number of boats using the canal will sink by 7 per cent this...

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Egypt maintains Suez Canal transit fees

People Daily (Free subscription) | 06/01/2009

Egypt has decided to remain the transit fees of ships and tankers crossing the Suez Canal unchanged, the state MENA news agency reported on Monday. Admiral Ahmed Ali Fadel, chief of the Suez Canal Authority (SCA), made the announcement during a press conference on Monday at the Suez Canal city of Ismailia, said the report, saying the transit fees will remain unchanged as imposed in 2008. Egypt's...

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“The presence of Iran in Yemen has helped it to have a real dominance in Iraq”

Armies of Liberation (Free subscription) | 05/01/2009

... Sultan bin Abdul Aziz. - Sending Deputy Prime Minister for Defense and Security Affairs Rashad Al-Alimi to Saudi Arabia. - Sending Foreign Minister Abu Bakr Al-Qirbi to Oman - Sending Col. Ahmed Ali Abdullah Saleh, Commander of the Republican Guards, to the United Arab Emirates. Regional Struggle At the present time, there are four main players in the Yemeni field: Saudi Arabia, Iran, Libya...

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Suez Canal freezes transit fees

lloydslist.com (Free subscription) | 05/01/2009

Suez Canal freezes transit fees David Osler - lundi 5 janvier 2009THE Suez Canal Authority has announced an indefinite freeze on transit fees, in a move likely to have been sparked by fears of a sharp downturn in business.Chairman Ahmed Ali Fadel told a press conference today that traffic through the key international waterway could fall by as much as 7% this year, depending on developments...

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Foreign Minister, Amr Moussa discuss developments in Palestinian territories

UAEinteract.com - News (Free subscription) | 01/01/2009

... as quickly as possible. UAE Ambassador to Egypt and Permanent Ambassador at the Arab League, Ahmed Ali Al-Mail, was present at the meeting. According to Hisham Yusuf, director of the office of Arab League Secretary General, the ministerial meeting will discuss, among other issues, the Israeli aggression against Palestinians in Gaza, providing the necessary assistance to the Palestinian people...