An incredible new extension to the Suez Canal has passed its first test in a bid to turn around the Egyptian waterway's ...

( MENAFN - Daily News Egypt) Suez Canal bank has announced an increase in its issued capital from EGP 5bn to EGP 6.5bn, ...

An ambitious plan to build a huge 160-mile canal would bypass the Suez Canal and challenge Egypt's monopoly of the ...

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

Egypt, grappling with high inflation, is targeting about $3bn in the remainder of the current fiscal year, which runs until ...

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

Egypt is set to receive a $1.2 billion disbursement from the IMF as part of an $8 billion program. The agreement follows high inflation and currency shortages, aggravated by a decline in Suez Canal ...

Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 ...

The Suez Canal is growing by up to 10km in length in its Small Bitter Lakes segment which will enable it to handle six to eight more vessels daily, the Suez Canal Authority (SCA) has announced. This ...