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

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

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

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 ...

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

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

Red Sea disruptions — a consequence of Houthi maritime attacks — have cost Egypt at least $7 billion in Suez Canal revenue ...

Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 ...

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 ...

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

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