Egypt’s revenue from the Suez Canal plunged by almost two thirds last year, officials said on Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East that have impacted ...

CAIRO (AP) — Two tankers carrying oil products and liquefied natural gas collided in a single-lane stretch of the Suez Canal, briefly disrupting traffic through the global waterway before it was ...

Two tankers carrying oil products and liquefied natural gas collided in the Suez Canal, disrupting traffic through the global waterway, Egyptian authorities said Wednesday. The Suez Canal authority ...

The Iran war has sparked growing concern in Egypt over its potential impact on navigation through the Suez Canal, one of the ...

CAIRO (AP) — Egypt's revenue from the Suez Canal plunged by almost two thirds last year, officials said Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East that have ...

Congress leader Jairam Ramesh on Tuesday invoked the legacy of V.K. Krishna Menon, recalling his central role during the Suez ...

The canal is one of the main sources of foreign currency for Egypt which is gripped by a severe financial crisis. Since November, the Iran-backed Houthis have launched numerous attacks on vessels in ...

For the past two weeks, Egypt has been facing a heated debate. On 19 December 2022, its parliament adopted a bill aimed at creating an investment fund for the Suez Canal. Managed directly by the Suez ...

At a lavish ceremony last month, the Egyptian government inaugurated the new Suez Canal, marking an expansion of the original project, which dates to 1869. The new canal, designed to allow two-way ...

The Suez Canal’s revenue has fallen by up to 50% this year due to attacks by Yemen’s Houthi rebels, Egyptian President Abdel Fattah al-Sisi said on Monday, the latest indication that the turmoil in ...

Egypt is carrying out a feasibility study on further expanding the Suez Canal in a push to speed up transit times and avert potential blockages in a waterway that carries 12% of global maritime trade.

CAIRO (AP) — Two tankers carrying oil products and liquefied natural gas collided in a single-lane stretch of the Suez Canal, briefly disrupting traffic through the global waterway before it was ...