Suez Canal Area Development Project
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Suez Canal Area Development Project
The Suez Canal Corridor Area Project ( ar, مشروع تطوير محور قناة السويس) is a megaproject in Egypt that was launched on 5 August 2014 by President Abdel Fattah el-Sisi and completed in 2015. The project aimed to increase the role of the Suez Canal region in international trade and to develop the canal cities of Suez, Ismailia, and Port Said. The project involved building a new city (Ismailia), an industrial zone, fish farms, encouraging the development of a tech industry, building seven new tunnels between Sinai and Ismailia and Port Said, improving five existing ports, creating new centers for logistics and ship services, and digging a new canal parallel to the Suez Canal. The new canal was constructed to increase capacity by allowing ships to sail in both directions at the same time. Egyptian President Abdel Fattah el-Sisi announced that the New Suez Canal project would operate within a year (instead of the original plan of three years). The project ...
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Suez Canal
The Suez Canal ( arz, قَنَاةُ ٱلسُّوَيْسِ, ') is an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea to the Red Sea through the Isthmus of Suez and dividing Africa and Asia. The long canal is a popular trade route between Europe and Asia. In 1858, Ferdinand de Lesseps formed the Suez Canal Company for the express purpose of building the canal. Construction of the canal lasted from 1859 to 1869. The canal officially opened on 17 November 1869. It offers vessels a direct route between the North Atlantic and northern Indian oceans via the Mediterranean Sea and the Red Sea, avoiding the South Atlantic and southern Indian oceans and reducing the journey distance from the Arabian Sea to London by approximately , or 10 days at to 8 days at . The canal extends from the northern terminus of Port Said to the southern terminus of Port Tewfik at the city of Suez. In 2021, more than 20,600 vessels traversed the canal (an average of 56 per day). T ...
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Suez Canal Authority
Suez Canal Authority (SCA) is an Egyptian state-owned authority which owns, operates and maintains the Suez Canal. It was set up by the Egyptian government to replace the Suez Canal Company in the 1950s which resulted in the Suez Crisis. After the UN intervened, the three invading countries (France, Israel, and the United Kingdom) were forced to withdraw. Establishment and organization SCA is an independent authority having legal personality. SCA was established by the nationalization act signed on 26 July 1956 by the Egyptian president Gamal Abdel Nasser. The act at the same time nationalized the Suez Canal Company and transferred all its assets and employees to the SCA established by this act. The head office is located in Ismaïlia. In Port Said the administration building of the earlier Suez Canal Company is used. Its board of directors comprises 14 persons, including the chairman and managing director. Assets, duties and responsibilities SCA owns the Suez Canal and all are ...
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Biodiversity
Biodiversity or biological diversity is the variety and variability of life on Earth. Biodiversity is a measure of variation at the genetic (''genetic variability''), species (''species diversity''), and ecosystem (''ecosystem diversity'') level. Biodiversity is not distributed evenly on Earth; it is usually greater in the tropics as a result of the warm climate and high primary productivity in the region near the equator. Tropical forest ecosystems cover less than 10% of earth's surface and contain about 90% of the world's species. Marine biodiversity is usually higher along coasts in the Western Pacific, where sea surface temperature is highest, and in the mid-latitudinal band in all oceans. There are latitudinal gradients in species diversity. Biodiversity generally tends to cluster in hotspots, and has been increasing through time, but will be likely to slow in the future as a primary result of deforestation. It encompasses the evolutionary, ecological, and cultural ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ...
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Flypast
A flypast is a ceremonial or honorific flight by an aircraft or group of aircraft. The term flypast is used in the United Kingdom and the Commonwealth. In the United States, the terms flyover and flyby are used. Flypasts are often tied in with Royal or state events, anniversaries, celebrations - and occasionally funerary or memorial occasions. Sometimes flypasts occur in special situations, to honour someone or to celebrate certain types of aircraft. They have affinities with parades, of which they form the aerial component. Often they occur in purely display contexts at airshows, but it is the flypasts linked with civic, ceremonial and national pride, that imprint themselves on a nation's memory. Some flypasts have been described in broadcast and print media as "historic". Flypasts are regularly featured in public and ceremonial life in the United Kingdom, where they function as a particular kind of aerial salute. They serve to show respect, display aircraft, showcas ...
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Vice News
Vice News (stylized as VICE News) is Vice Media's current affairs channel, producing daily documentary essays and video through its website and YouTube channel. It promotes itself on its coverage of "under-reported stories". Vice News was created in December 2013 and is based in New York City, though it has bureaus worldwide. History Before Vice News was founded, ''Vice'' published news documentaries and news reports from around the world through its YouTube channel alongside other programs. ''Vice'' had reported on events such as crime in Venezuela, the Israeli–Palestinian conflict, protests in Turkey, the North Korean and Iranian regimes, the Uyghur genocide, and the Syrian Civil War through their own YouTube channel and website. After the creation of Vice News as a separate division, its reporting greatly increased with worldwide coverage starting immediately with videos published on YouTube and articles on its website daily. In December 2013, Vice Media expanded its in ...
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Fish Farm
upright=1.3, Salmon farming in the sea (mariculture) at Loch Ainort, Isle of Skye">mariculture.html" ;"title="Salmon farming in the sea (mariculture">Salmon farming in the sea (mariculture) at Loch Ainort, Isle of Skye, Scotland Fish farming or pisciculture involves commercial animal husbandry, breeding of fish, usually for food, in fish tanks or artificial pen (enclosure), enclosures such as fish ponds. It is a particular type of aquaculture, which is the controlled cultivation and harvesting of aquatic animals such as fish, crustaceans, molluscs and so on, in natural or pseudo-natural environment. A facility that releases juvenile fish into the wild for recreational fishing or to supplement a species' natural numbers is generally referred to as a fish hatchery. Worldwide, the most important fish species produced in fish farming are carp, catfish, salmon and tilapia. Global demand is increasing for dietary fish protein, which has resulted in widespread overfishing in wild f ...
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Suez Governorate
Suez Governorate ( ar, محافظة السويس ) is one of the governorates of Egypt. It is located in the north-eastern part of the country and is coterminous with the city of Suez. It is situated north of the Gulf of Suez. Municipal divisions The governorate is divided into the following municipal divisions for administrative purposes, with a total estimated population as of July 2017 of 730,759. Population According to population estimates, in 2015 all 622,859 residents of the governorate lived in urban areas. With an urbanization rate of 100% the Suez Governorate is one of the most urbanized in the country, along with Cairo and Port Said. Industrial zones According to the Egyptian Governing Authority for Investment and Free Zones (GAFI), in affiliation with the Ministry of Investment (MOI), the following industrial zones are located in this governorate: *The industrial zone for light industries * North Ataka heavy industrial zone * West ataka heavy industrial zone *(New ...
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Ismaïlia
Ismailia ( ar, الإسماعيلية ', ) is a city in north-eastern Egypt. Situated on the west bank of the Suez Canal, it is the capital of the Ismailia Governorate. The city has a population of 1,406,699 (or approximately 750,000, including surrounding rural areas). It is located approximately halfway between Port Said to the north and Suez to the south. The Canal widens at that point to include Lake Timsah, one of the Bitter Lakes linked by the Canal. History Ismailia was founded in 1863, during the construction of the Suez Canal, by Khedive Isma'il Pasha, Ismail the Magnificent, after whom the city is named. Following the Battle of Kafr-el-Dawwar in 1882 the British established a base there. The head office of the Suez Canal Authority is located in Ismailia at the shore of Lake Timsah. It has a large number of buildings dating from British and French involvement with the Canal. Most of these buildings are currently used by Canal employees and officials. During Wor ...
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François Hollande
François Gérard Georges Nicolas Hollande (; born 12 August 1954) is a French politician who served as President of France from 2012 to 2017. He previously was First Secretary of the Socialist Party (PS) from 1997 to 2008, Mayor of Tulle from 2001 to 2008, and President of the General Council of Corrèze from 2008 to 2012. Hollande also served in the National Assembly twice for the 1st constituency of Corrèze from 1988 to 1993, and again from 1997 until 2012. Born in Rouen and raised in Neuilly-sur-Seine, Hollande began his political career as a special advisor to newly elected President François Mitterrand, before serving as a staffer for Max Gallo, the government's spokesman. He became a member of the National Assembly in 1988 and was elected First Secretary of the PS in 1997. Following the 2004 regional elections won by the PS, Hollande was cited as a potential presidential candidate, but he resigned as First Secretary and was immediately elected to replace Jean-Pier ...
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President Of Egypt
The president of Egypt is the executive head of state of Egypt and the de facto appointer of the official head of government under the Egyptian Constitution of 2014. Under the various iterations of the Constitution of Egypt following the Egyptian Revolution of 1952, the president is also the supreme commander of the Armed Forces, and head of the executive branch of the Egyptian government. The current president is Abdel Fattah el-Sisi, who has been in office since 8 June 2014. History The first president of Egypt was Mohamed Naguib, who along with Gamal Abdel Nasser, led the Egyptian Revolution of 1952 that overthrew King Farouk and marked the end of the British colonial rule. Though Farouk's infant son was formally declared by the revolutionaries as King Fuad II, all effective executive power was vested in Naguib and the Revolutionary Command Council. On 18 June 1953, just under a year after the coup d'état, the Council abolished the monarchy of Egypt and Sudan, and dec ...
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