Over the past decade, Egypt has set ambitious goals for the future of one of the world’s most crucial trade routes and a cornerstone of its not insignificant rentier economy: the Suez Canal. In 2015, ...
Egypt - Osama Rabie, Chairperson of Suez Canal Authority, witnessed on Wednesday, the signing of a Memorandum of Understanding (MoU) with Omani Integrated Logistic Services SAOC. The signing ceremony, ...
On Dec. 9, 1960, construction of the Aswan High Dam began in Egypt. It would be the first time flooding on the Nile would be ...
The Suez Canal Authority (SCA) has announced the successful trial operation of a new 10-km duplicated section of the Suez Canal in the Small Bitter Lakes area. This development forms part of the ...
The Suez Canal has felt repercussions from Red Sea attacks.(Photo: Shutterstock/Eric Valenne geostory) Suez Canal revenue has plunged 60% this year, a loss of $7 billion for Egypt, amid attacks on ...
The Professor of Geology and Water Resources at the Cairo University Abbas Sharaky said that the US has handed Ethiopia the ...
(MENAFN- Daily News Egypt) The Suez Canal Economic Zone (SCZONE) has attracted $64bn in green hydrogen investments through 12 framework agreements, according to SCZONE Chairperson Waleid Gamal El-Din.
If it gains access to the Red Sea, Ethiopia will be the first non-Arab state to gain this access. The Red Sea is vital for ...
Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal. The Suez Canal Authority said in a statement that during a trial run two ships passed ...
Egypt’s Suez Canal has seen its revenues nosedive by more than 60 percent in 2024 compared to the previous year, amounting to a staggering $7 billion loss, according to a statement released on ...
Egypt's Suez Canal revenues plummeted to $4 billion in 2024 from $10.2 billion in 2023 (a 60.7 percent loss) due to the ongoing tensions in the Red Sea, Chairman of the Suez Canal Authority (SCA ...