The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and ...
Following the 2021 grounding of a container ship that blocked the waterway, Egypt accelerated plans to extend the second ...
Egypt has tested a new 10 km section near the Suez Canal's southern end, aiming to increase the canal's capacity. Despite ...
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Egypt commits to boosting private sector role as it loses $7bn in Suez Canal revenue this yearThe amount marks a drop of more than 60 per cent annually, as attacks in Red Sea and Bab Al Mandab have impeded navigation ...
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 shipping and increase the key waterway's capacity. Two ships used the ...
Egyptian President Abdel Fattah al-Sisi said on Thursday that due to "regional challenges", the country had lost approximately $7bn in Suez Canal revenue in 2024, marking more than a 60% drop from ...
Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from the waterway has plunged since Yemen's Houthi militants ...
Egyptian President Abdel Fattah al-Sisi earlier on Thursday said that due to “regional challenges”, the country had lost approximately $7 billion in Suez Canal revenue in 2024, marking more ...
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