Both parties agreed to draft a comprehensive framework detailing areas of cooperation, along with financial and technical ...

The Suez Canal Authority (SCA) has issued updated navigation charts, signaling the operational launch of the expanded section ...

CAIRO (Reuters) - The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the chairman of the canal authority Osama Rabie said on ...

The sharp decline in ship traffic caused by attacks from Yemen is putting significant strain on the public finances of the ...

The large and powerful machines constructed, and many even invented for the works of the canal, will, after its com. pletion, never return to Europe but remain in Egypt, to be used for the ...

The planned port could be a response to a long-touted Israeli plan to decouple the international maritime movement from the ...

Suez Canal Authority chairman Osama Rabie recently met with Maersk CEO Vincent Clerc, as the ocean carrier and others still ...

President Volodymyr Zelenskiy said in an interview broadcast on Tuesday that Ukraine was prepared to proceed along a ...

Egypt has held talks with 23 maritime companies, encouraging them to resume transits through the Suez Canal following the ...

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 ...

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 ...

Canal Shipping Agencies (CSAG) logged net profits after tax of EGP 905.87 million in the first half (H1) of fiscal year (FY) 2024/2025, an annual hike of 65% from EGP 547.55 million, according to the ...