An incredible new extension to the Suez Canal has passed its first test in a bid to turn around the Egyptian waterway's ...

Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 billion programme with the international lender, Finance Minister Ahmed ...

The proposed route map for the canal includes the central Gaza Strip. It will start in Gaza and join the Gulf of Aqaba.

Egypt is set to receive a $1.2 billion disbursement from the IMF as part of an $8 billion program. The agreement follows high inflation and currency shortages, aggravated by a decline in Suez Canal ...

An ambitious plan to build a huge 160-mile canal would bypass the Suez Canal and challenge Egypt's monopoly of the ...

The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and ...

Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its ...

Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian ...

Egypt’s Suez Canal has seen its revenues nosedive by more than 60 percent in 2024 compared to the previous year, amounting to ...

( MENAFN - Daily News Egypt) Suez Canal bank has announced an increase in its issued capital from EGP 5bn to EGP 6.5bn, ...

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

Egypt has tested a new 10-kilometre (6.2-mile) extension to the Suez Canal as it tries to minimise the impact of currents on ...