By 2023, Rabie hopes to increase revenues to $13.5 billion. He has been leading the SCA since 2019 and is overseeing 14,000 employees operating a canal that is used for approximately 10% of the world’s trade. He is also a director on the board of the Suez Canal Bank.

On August 17, 2019, President Abdel Fattah El-Sisi appointed Lieutenant General Osama Rabie as Chairman of the Suez Canal Authority (SCA), succeeding Admiral Mohab Mamish.

Rabie assumed his current role through a presidential decree in 2019. The SCA was established in 1956 to manage, maintain, and improve the Suez Canal’s operations, reporting directly to Egypt’s Prime Minister. The company employs 14,000 people.

Rabie assumed his current role at the SCA through a presidential decree in 2019. The number of ships passing through the Suez Canal increased by 17.6% to reach about 26,000 ships in the 2022/23 fiscal year.

Cairo – January 22, 2025: On Tuesday, Osama Rabie, Chairman of the Suez Canal Authority (SCA), announced that the canal is fully prepared to operate at maximum capacity, with major shipping lines returning as global trade begins to stabilize.

18 hours ago · Suez Canal Authority (SCA) Chairman Osama Rabie said the EGP 9 billion development project in the southern sector of the Suez Canal has been completed. In recent TV remarks, Rabie provided details ...

Dec 23, 2024 · Lieutenant General Osama Rabie, Chairman of the Suez Canal Authority, announced, Monday, the arrival of some marine units of the ‘Antipollution Egypt’ fleet in preparation for the start of providing waste collection and safe disposal services from ships crossing the canal within the northern and southern entrances during the first quarter ...

5 days ago · Suez Canal Authority chairman Adm Osama Mounier Mohamed Rabie oversaw the refloating of the grounded megaship Ever Given. The SCA is backed by the Suez Canal Bank.

Dec 5, 2024 · Admiral Osama Rabie, chairman of the Suez Canal Authority (SCA) received a delegation from the Egyptian Military Diplomatic Representation Course abroad

1 day ago · Suez Canal Authority chief Osama Rabie said he expects traffic through the Egyptian waterway to gradually return to normal by late March and fully recover by mid-year, as long as the Gaza ...