The Houthi attacks on ships in the Red Sea have ceased owing to the ceasefire in Gaza, prompting Egypt to encourage shipping companies to resume sailing through the waterway.
Egypt is “cautiously optimistic” a ceasefire between Israel and Hamas will eventually translate into a recovery in Suez Canal revenue, which fell at least 60% due to the war, the country’s ...
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Egypt tests new extension of the Suez CanalEgypt has tested a new 10-kilometre (6.2-mile) extension to the Suez Canal as it tries to minimise the impact of currents on shipping and increase the key waterway's capacity. Two ships used the ...
Maritime traffic through Egypt's Suez Canal has not been disrupted by recent violence in the canal cities of Port Said and Suez. Fears had been raised over the possible halt of canal traffic after ...
Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to ...
El-Sisi's remarks came during the inauguration of the seventh edition of Egypt Energy Show (EGYPES 2024), held at Al-Manara International ... 2022/2023 fiscal year, Suez Canal revenues hit a ...
US and Israel could also undermine China’s Belt and Road Initiative (BRI) as the BRI project heavily depends on Egypt’s Suez Canal. For breaking news and live news updates, like us on Facebook ...
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