The sharp decline in ship traffic caused by attacks from Yemen is putting significant strain on the public finances of the ...

It comes as Egypt revealed its revenue from the waterway has plunged amid Houthi militants' attacks on vessels in the Red Sea ...

The diplomatic effort comes as Egypt grapples with a 60 per cent drop in Suez canal revenue over the past 11 months -- a ...

MAFI appointed Beltone as the exclusive financial advisor and first financing coordinator, while the law firm Matouk ...

The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and ...

Private sector has secured $14.5bn in concessional development financing from international partners between 2020 and 2024 ...

The proposed route map for the canal includes the central Gaza Strip. It will start in Gaza and join the Gulf of Aqaba.

Such a waterway, tentatively named the Ben-Gurion Canal, would bypass the Suez Canal and challenge Egypt’s long-standing ...

Egyptian authorities have already begun investigations into the causes of the freighter's grounding in the Suez Canal Egypt's Suez Canal Authority (SCA) will seek over ask for more than 1 billion ...

Egypt, grappling with high inflation and shortages of foreign currency, agreed to the expanded IMF program in March. A sharp decline in Suez Canal revenue caused by regional tensions over the last ...