Egypt is “cautiously optimistic” a ceasefire between Israel and Hamas will eventually translate into a recovery in Suez Canal revenue, which fell at least 60% due to the war, the country’s ...

The new 10 km (6.2 mile) extension to Egypt's Suez Canal is now operational, the Canal Authority's Chairman Osama Rabie said in a statement on Tuesday. Rabie has said that the extension project will ...

Egypt has signed seven agreements with seven international developers to develop green hydrogen production plans and renewable energy installations in the Suez Canal Economic Zone. The agreements ...

Asharq Al Awsat Suez Canal Authority Chairman Osama Rabie said on Wednesday that the Red Sea crisis did not create a sustainable route to replace the canal. He also said that there were positive ...

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 shipping and increase the key waterway's capacity. Two ships used the ...

Truman transits the Suez Canal, on Dec. 15, 2024. — United States Navy WASHINGTON — A US Navy aircraft carrier recently stationed in the Middle East was involved in a collision with a commercial ...

This stood at about $7 bln, in the outgoing year CAIRO, December 27. /TASS/. Egypt lost more than 60% of Suez Canal revenues, which stood at about $7 bln, in the outgoing year, Chairman and ...

The Suez Canal expansion will cement Egypt's status as a key contributor to world trade, said Dr Sultan bin Ahmed Sultan Al Jaber, UAE Minister of State, and chairman of the coordination office of ...

Egypt - Suez Canal Authority (SCA) Chairperson Osama Rabie recently met ... This facility was inaugurated by Egyptian President Abdel Fattah Al-Sisi in May 2024.

A return to normality for the Suez Canal would be welcome news for Egypt as it looks to emerge from its worst economic crisis in decades. Image by EyeEm Mobile GmbH via iStock Egypt is ...

Egypt is set to inaugurate a new $8.5 billion extension to the Suez Canal. The project is meant to bolster the credibility of Egyptian President Abdel Fattah Al Sisi and, many hope, boost the ...