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, ...
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 ...
(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.
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 ...