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

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

In November, 115 container vessels passed through the canal, a 72 percent drop from the 422 that passed through a year ago, ...

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

Red Sea disruptions — a consequence of Houthi maritime attacks — have cost Egypt at least $7 billion in Suez Canal revenue ...

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

Egypt has tested a new 10-kilometre extension to the Suez Canal. This aims to minimize the impact of currents on shipping and ...

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 ...

Egypt’s Suez Canal has seen its revenues nosedive by more than 60 percent in 2024 compared to the previous year, amounting to ...

Egypt successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from the waterway ...

The lender is set to raise its capital by EGP 1.50 billion financed from the shareholders' share in the distribution of profits for the year that ended on December 31st 2023 ...