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

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

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

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

As part of the capital increase, the bank will distribute free shares at a rate of 0.3 shares for each original share to its shareholders prior to the increase ...

The tentatively named Ben-Gurion Canal will traverse the Negev Desert and the south end of the Gulf of Aqaba and connect the Red Sea to the Mediterranean.

Egyptian Minister of Foreign Affairs Badr Abdelatty and Omani Deputy Prime Minister Fahd bin Mahmoud Al-Said discussed on ...

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

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 ...

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

Following a successful trial, the Suez Canal is set to expand by 10 km in the Small Bitter Lakes area, increasing vessel ...

After a year marked by port congestion, vessel diversions and longshore labor issues, maritime shipping is bracing for the ...