But de Lesseps was certainly not the first to imagine a canal linking the Mediterranean and Red Seas—and, by extension, Europe and Asia—through the Isthmus of Suez. The idea was ancient ...

As we approach the 17th of November, the day appointed for the final opening of the Canal of Suez, the interest felt in Europe and America in this vast enterprise, increases with every new report ...

Navigable waterways have been dug since the times of Ancient Egypt. While the Suez Canal is a more recent addition to the man-made canals across the country, its several pharaohs over many ...

An analyst for a shipping hedge fund explained that the spike is connected to fears surrounding the continued operations of the Suez Canal, amidst social unrest caused by massive riots against Pre ...

The famous Suez Canal often receives worldwide recognition but Europe's version is no less impressive. The Canal du Midi in the south of France is an extraordinary feat of engineering, history ...

An incredible new extension to the Suez Canal has passed its first test in a bid to turn around the Egyptian waterway's fortunes. Cairo announced it had succeeded in testing the 6.2 mile (10km ...

The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the chairman of the canal authority Osama Rabie said on Tuesday.

During the 2022/2023 fiscal year, Suez Canal revenues hit a record-breaking $9.4 billion. Canal revenues are a key source of foreign currency for the country alongside tourism and remittances.

Suez Canal transit revenues also declined sharply by 61.2 percent to $931.2 million in Q1 FY 2024/2025, down from $2.4 billion during the same period last year.

The 2021 Suez Canal blockage resulted in a $89 million loss for Maersk Line, primarily due to inventory holding costs. The incident highlighted vulnerabilities in global supply chains and ...

CAIRO - The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the chairman of the canal authority Osama Rabie said on Tuesday.

Suez Expansion to Be Operational in First Quarter, Canal Chairman Says CAIRO (Reuters) - The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter ...