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

The adjustment of interest rates has given banks greater flexibility in providing financing products that meet the needs of ...

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

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

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

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

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

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 ...

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

Egypt Completes Trial Run of New Suez Canal Channel Extension | Firstpost Africa Egypt has successfully tested a new 10-kilometer extension to the Suez Canal. This extension is at the canal's two-way ...