Egypt's Suez Canal revenue has dropped significantly due to geopolitical tensions and Houthi attacks in the Red Sea, causing ...

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 ...

Suez Canal revenue fell 60 percent, or $7 billion, year on year in 2024 as ongoing instability in the Red Sea disrupted ...

The initiative offers subsidized financing, with the state treasury covering the interest rate differential to help boost ...

President says due to “regional challenges”, country lost approximately $7 billion in Suez Canal revenue, 60pc less than 2023 ...

A decades-old plan, a Suez Canal alternative for larger boats, is a bit held up by Israel’s drive to get Gaza terrorist-free. There’s always something. This Canal can be finished in five years, but ...

Egypt has successfully tested a newly constructed 10-kilometre extension of the Suez Canal. The initiative aims to reduce the ...

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

Egypt has tested a new 10-kilometre extension to the Suez Canal as it tries to minimise the impact of currents on shipping ...

Experts say the route could cut up to two weeks off the travel time for ships journeying from China to Europe.

blackpink contract renewal China's first commercial reactor online irradiation isotope production device put into operation Regional tensions cause Suez Canal annual revenue to drop by about $7 ...

Admiral Osama Rabie announced the successful trial operation of the Suez Canal's expansion project in the Small Bitter Lakes ...