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 ...

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

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

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.

CAIRO, Jan 21 (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 ...

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 ...

ISMAILIA, Egypt--The Japanese owner of a skyscraper-sized cargo ship wedged across Egypt’s Suez Canal has apologized for the incident that’s imperiling global shipping. Shoei Kisen apologized ...

The 2021 Suez Canal blockage resulted in a $89 million loss for Maersk Line, primarily due to inventory holding costs. The incident highlighted vulnerabilities in global supply chains and ...