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 ...

As a result of this armed conflict, Egypt has suffered a huge financial loss as its earnings from the Suez Canal have fallen by 60 percent. The loss is gauged at around $ 7 billion to Egypt. Currently ...