The proposed route map for the canal includes the central Gaza Strip. It will start in Gaza and join the Gulf of Aqaba.

Egypt said on Saturday (December 28, 2024) that it had successfully tested a new 10 km channel near the southern end of the ...

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 lost roughly $7 billion in revenues from the Suez Canal, down about 60 per cent annually, mainly as a result of attacks ...

said the industry would probably come up with new ways to make the route around Africa more efficient. One remedy, he said, would be to build larger container ships. The closing of the Suez Canal ...

Fitch Solutions has downgraded its forecasts for Egypt’s real GDP growth in the current FY2024/2025, which ends by June 2025, ...

Not many executives need to be told that supply chains are fragile. For those who could use reminding, when the Suez Canal was unsettled last year, the number of ships passing through dropped by ...

“We want to make sure that the world’s governments ... Large container ships can pay as much as US$1 million to go through the Suez Canal, according to industry executives.

The Egyptian economy has lost $8 billion as a result of the significant drop in the Suez Canal revenues amid the ... regional geopolitical tensions make the economic outlook for the region ...

The plan was to plant bombs in British and American facilities in Egypt, making it seem as if the ... withdraw by June 1956 from bases in the Suez Canal zone, which Britain had maintained under ...