Egyptian authorities say an oil-drilling ship capsized in the Gulf of Suez, killing at least four crewmen and leaving four ...

Three tugboats—MISR AL GADEEDA, MOSAED 4, and Suez 1—were dispatched immediately to stabilize the vessel. After temporary repairs, RED ZED 1 was escorted safely to the Great Bitter Lakes.

Egyptian authorities say an oil-drilling ship capsized in the Gulf of Suez, killing at least four crewmen and leaving four ...

This Israel-Iran war adds to the pressure on Suez Canal revenues and therefore the Egyptian economy. The Bab Al-Mandeb is a vital trade route between the Mediterranean and Asia.

Get accurate hourly forecasts for today, tonight, and tomorrow, along with 10-day daily forecasts and weather radar for Qesm-3rd-Ismailia, Al-Isma'iliyah, Egypt with MSN Weather. Stay updated on ...

Established in 1978, Suez Canal Bank provides retail, corporate, and investment banking services through 53 branches across Egypt as of March 2025. In January 2025, the bank partnered in a consortium ...

The ship’s transit is a direct result of the Suez Canal Authority’s (SCA) marketing efforts, highlighted by a recent announcement offering a 15% discount for container ships with a net tonnage ...

Red Zed 1 is a 217-meter-long, 43-meter-wide diving vessel with a gross tonnage of 41,000 tonnes. It was transiting the canal en route from the Netherlands to Sudan.

The Suez Canal recorded on Wednesday the highest number of daily ships passing through the canal in its history at 87 ships in both directions, Suez Canal Authority Chairman Osama Rabie said in a ...

CAIRO, June 18 (KUNA) -- Egypt announced Wednesday the gradual return of mega container ships to Suez Canal after a one-year halt prompted by regional tensions. Chairman of Canal Authority, Admiral ...

Egypt's petroleum ministry said on Tuesday that it received a report from oil and gas production company Offshore Shukheir oil Company (Osoco) about a capsized drillship in the Gulf of Suez. The ...

Therefore, the water must be sufficient for both sides. This issue is existential for Egypt and non-negotiable, as Egypt relies on Nile water for 94 percent of its resources. Consequently, there is no ...