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 ...
Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its ...
The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and ...
Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea. The ...
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 ...
Egypt successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from the waterway ...
Egypt’s Suez Canal has seen its revenues nosedive by more than 60 percent in 2024 compared to the previous year, amounting to ...
President says due to “regional challenges”, country lost approximately $7 billion in Suez Canal revenue, 60pc less than 2023 ...
Egypt has successfully tested a newly constructed 10-kilometre extension of the Suez Canal. The initiative aims to reduce the ...
The proposed route map for the canal includes the central Gaza Strip. It will start in Gaza and join the Gulf of Aqaba.