Egypt’s Suez Canal Authority (SCA) said on Thursday that the giant container ship CMA CGM SEINE, one of the world’s largest container vessels, transited the canal for the first time as part of the ...

Another SCA infograph showed 2022 revenues recorded $2.5 billion more than in 2014, which stood at $5.5 billion. The average number of ships transiting daily in 2022 was 68, up from 47 in 2014. The ...

Attacks by Houthi rebels in the Red Sea scared off many of the shipping firms that used the Suez Canal, depriving Egypt’s ailing economy of vital revenue.

Speaking in Davos, Abdel Fattah al-Sisi says Palestinian issue remains the Middle East’s top priority - Anadolu Ajansı ...

Egyptian President Abdel Fattah el-Sisi says Egypt lost about $9 billion in direct revenues from the Suez Canal over the past ...

Backed by $1.8 billion from Hutchison, CMA CGM and Cosco, the Ain Sokhna terminal comes online amid renewed confidence in regional stability.

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 ...

Add Yahoo as a preferred source to see more of our stories on Google. CAIRO (Reuters) -At least four people died when a vessel capsized while being towed in the Gulf of Suez, one of Egypt's prominent ...

Former Merchant Mariner Sal Mercogliano said Thursday he sees new and ominous signs that the 220,000-ton mega ship blocking Egypt's Suez Canal may take a lot longer to remove than initially thought.

The White House said Friday that the U.S. has offered to help Egypt in its ongoing efforts to free a massive cargo ship stuck in the Suez Canal. "We are tracking the situation very closely," press ...