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

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

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

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

Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian ...

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

Egypt’s Suez Canal has seen its revenues nosedive by more than 60 percent in 2024 compared to the previous year, amounting to ...

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

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

Egypt, grappling with high inflation and shortages of foreign currency, agreed to the expanded IMF programme in March ...

President says due to “regional challenges”, country lost approximately $7 billion in Suez Canal revenue, 60pc less than 2023 ...