In 1956, a global crisis erupted as Britain and France clashed with Egyptian President Nasser over the Suez Canal. What followed was a dramatic military intervention, a diplomatic standoff, and a ...

As we approach the 17th of November, the day appointed for the final opening of the Canal ... Egypt, and that personal liberty will henceforth protect every commercial enterprise. The Isthmus of ...

Egypt is “cautiously optimistic” a ceasefire between Israel and Hamas will eventually translate into a recovery in Suez Canal revenue, which fell at least 60% due to the war, the country’s ...

All the project funds were in Egyptian pounds to avoid reliance on foreign currency and equipment rentals and to support the local economy. Rabie also affirmed that no increase in Suez Canal ...

Egypt’s Minister of Housing, Utilities, and Urban Communities, Sherif El-Sherbiny, affirmed the ministry’s commitment to developing cities as economic and investment hubs, including New Suez City, ...

The Suez Canal Authority (SCA) has issued updated navigation charts, signaling the operational launch of the expanded section in the Little Bitter Lake, a key component of the canal’s southern sector ...

Egypt - Suez Canal Authority (SCA) Chairperson Osama Rabie recently met with Chen Zhengjun, President of China’s FAMSUN, to discuss potential collaboration in food security. The talks centered on ...

The Houthi attacks on ships in the Red Sea have ceased owing to the ceasefire in Gaza, prompting Egypt to encourage shipping companies to resume sailing through the waterway.

CAIRO, Jan 21 (Reuters) - 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 ...

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. In 2024, Egypt's Suez Canal ...