The waterway is a major source of foreign currency for Egypt, which spent an estimated £6.5bn ($8.2bn) on an expansion of the ...

Following a successful trial, the Suez Canal is set to expand by 10 km in the Small Bitter Lakes area, increasing vessel ...

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

President says due to “regional challenges”, country lost approximately $7 billion in Suez Canal revenue, 60pc less than 2023 ...

Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its ...

Suez Canal Authority (SCA) announced on Saturday the successful trial operation of the canal's new dual passageway in the Little Bitter Lakes area, part of the project to develop the canal's ...

Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea. The ...

Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian ...

Egypt has tested a new 10-kilometre (6.2-mile) extension to the Suez Canal as it tries to minimise the impact of currents on ...

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

Suez Canal Authority chief Osama Rabie said the development ... effects of water and air currents on passing ships”. It would open only after new navigational maps are issued, he said.