Egypt’s Suez Canal Authority said Sunday the global shipping lane has returned to growth, generating $449 million in revenues since the start of 2026, up from $368 million over the same period in 2025 ...
French shipping group CMA CGM issued a statement Saturday asking its vessels in the Gulf to "take shelter" and suspending any ...
(Bloomberg) -- Egypt is carrying out a feasibility study on further expanding the Suez Canal in a push to speed up transit times and avert potential blockages in a waterway that carries 12% of global ...
CAIRO (AP) — Egypt's revenue from the Suez Canal plunged by almost two thirds last year, officials said Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East that have ...
Egypt’s revenue from the Suez Canal plunged by almost two thirds last year, officials said on Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East that have impacted ...
The canal is one of the main sources of foreign currency for Egypt which is gripped by a severe financial crisis. Since November, the Iran-backed Houthis have launched numerous attacks on vessels in ...
Egypt took in some $9.4 billion in Suez Canal transit fees during the last fiscal year — Ahmed HASAN Attacks by Yemen's Houthi rebels in the Red Sea have caused shipping companies to avoid the Suez ...
CAIRO (AP) — Egypt selected a consortium of Egyptian and the Persian Gulf companies Tuesday to develop the government’s mega project to transform the Suez Canal waterway into a hub of international ...
French shipping group CMA CGM issued a statement Saturday asking its vessels in the Gulf to "take shelter" and suspending any passage through the Suez Canal because of the conflict in the region.