Egypt and Greek Antipollution Company Agreement

The agreement is being signed in order to create an Egyptian joint stock company in collaboration with the Greek Antipollution Company, the Egyptian-Greek businessman "Eric Adam," and the Suez Canal Authority, which is represented by the Canal Ropes Company, the Suez Maritime Arsenal company, and each of those companies on the one hand, and the Greek Antipollution Company, which is one of the authority's subsidiaries, to add a new service to the logistics services offered to ships crossing the canal in compliance with the most recent global environmental requirements.

Egypt and Greek Antipollution Company Agreement

Osama Rabie, the president of the Suez Canal Authority, noted that the new service is in keeping with the authority's focus on going green in order to declare the Suez Canal a "green canal" by 2030.