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

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

The lender is set to raise its capital by EGP 1.50 billion financed from the shareholders' share in the distribution of profits for the year that ended on December 31st 2023 ...

A decades-old plan, a Suez Canal alternative for larger boats, is a bit held up by Israel’s drive to get Gaza terrorist-free. There’s always something. This Canal can be finished in five years, but ...

The office did not provide total figures, or tonnage numbers. Admiral Ossama Rabiee, the chairman and managing director of ...

The initiative offers subsidized financing, with the state treasury covering the interest rate differential to help boost ...

The Egyptian Meteorological Authority (EMA) warned of continued weather instability in the north of the country on Monday.

Suez Canal revenue fell 60 percent, or $7 billion, year on year in 2024 as ongoing instability in the Red Sea disrupted ...

A new report from the African Narratives think tank reveals that a recent reconciliation agreement between Somalia and ...

China has voiced its support for Panama to retain control of the Panama Canal after Trump floated the idea of taking back control of the trade route.