An incredible new extension to the Suez Canal has passed its first test in a bid to turn around the Egyptian waterway's ...
As part of the capital increase, the bank will distribute free shares at a rate of 0.3 shares for each original share to its shareholders prior to the increase ...
An ambitious plan to build a huge 160-mile canal would bypass the Suez Canal and challenge Egypt's monopoly of the ...
The proposed route map for the canal includes the central Gaza Strip. It will start in Gaza and join the Gulf of Aqaba.
The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and ...
The Suez Canal is growing by up to 10km in length in its Small Bitter Lakes segment which will enable it to handle six to eight more vessels daily, the Suez Canal Authority (SCA) has announced. This ...
Political officials in Jerusalem have voiced concern over Egypt’s unprecedented military buildup, including the construction of tunnels and bridges over the Suez Canal. These developments, they warn, ...
The Egyptian minister also expressed interest in cooperation between the Suez Canal Economic Zone (SCzone) and the Special ...
Egypt is set to receive a $1.2 billion disbursement from the International Monetary Fund (IMF) this month as part of an ...
Houthi attacks on shipping fell by 44% over the second half of 2024 as vessels rerouted via the Cape of Good Hope. The first ...
Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 ...