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 ...

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

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.

Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea. The ...

Egypt has tested a new 10-kilometre extension to the Suez Canal. This aims to minimize the impact of currents on shipping and ...

Egypt has tested a new 10-kilometre (6.2-mile) extension to the Suez Canal as it tries to minimise the impact of currents on ...

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 ...