Egypt is “cautiously optimistic” a ceasefire between Israel and Hamas will eventually translate into a recovery in Suez Canal ...

The head of Egypt’s Suez Canal Authority said Thursday that conditions are favorable for the resumption of navigation in the Red Sea. "The current situation in the Red Sea sees positive ...

The Houthi attacks on ships in the Red Sea have ceased owing to the ceasefire in Gaza, prompting Egypt to encourage shipping companies to resume sailing through the waterway.

As we approach the 17th of November, the day appointed for the final opening of the Canal ... Egypt, and that personal liberty will henceforth protect every commercial enterprise. The Isthmus of ...

Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to ...

Egyptian officials are “cautiously optimistic” that traffic will pick up in the Suez Canal following a ceasefire in the Red ...

The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the ...

The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the ...

An incredible new extension to the Suez Canal has passed its first test in a bid to turn around the Egyptian waterway's fortunes. Cairo announced it had succeeded in testing the 6.2 mile (10km ...

US and Israel could also undermine China’s Belt and Road Initiative (BRI) as the BRI project heavily depends on Egypt’s Suez Canal. For breaking news and live news updates, like us on Facebook ...

El-Sisi's remarks came during the inauguration of the seventh edition of Egypt Energy Show (EGYPES ... During the 2022/2023 fiscal year, Suez Canal revenues hit a record-breaking $9.4 billion.

Suez Canal transit revenues also declined sharply by 61.2 percent to $931.2 million in Q1 FY 2024/2025, down from $2.4 billion during the same period last year. In 2024, Egypt's Suez Canal ...