The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and ...

Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its ...

Egypt has tested a new 10 km section near the Suez Canal's southern end, aiming to increase the canal's capacity. Despite ...

Diverting shipping away from the Suez Canal cost Egypt nearly $7bn this year as revenues dropped by 60% year over year. The ...

Egypt’s Suez Canal has seen its revenues nosedive by more ... being the region’s most oppressive ruler. Under his regime, over 65,000 political prisoners languish in Egyptian jails.

Red Sea disruptions — a consequence of Houthi maritime attacks — have cost Egypt at least $7 billion in Suez Canal revenue ...

Egypt's revenues from the Suez Canal fell by more than 60 percent in 2024 compared to the previous year amid the Red Sea tensions, resulting in a loss of nearly $7 billion, a presidential ...

Egypt lost roughly $7 billion in revenues from the Suez Canal, down about 60 per cent annually ... Mr Madbouly acknowledged ...

Robert Dassa, who has died aged 91, was an Israeli spy who spent 14 years in an Egyptian prison for his role in the infamous ...

The increased amount will be distributed over 150 million bonus shares with a nominal value of EGP 10 per share. In the first nine months (9M) of 2024, Suez Canal Bank logged net profits valued at EGP ...

The Suez Canal remains a strategic waterway, and a cornerstone of Egypt's economy, which is grappling with persistent economic woes. Enditem Follow China.org.cn on Twitter and Facebook to join the ...