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A test of a new 10 kilometer channel that extends the stretch of the Suez Canal allowing two-way ship traffic has been deemed successful, as Egypt looks to expand the canal three years after the Ever ...

Known for its strategic Southeast Asian location, Thailand has plans ... venture would stand up against the famous Suez and ...

CAIRO, Dec 26 (Reuters) - Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian President Abdel Fattah al-Sisi said on Thursday.

Turkey's ambitious £20 billion Istanbul Canal project aims to reshape global shipping and solidify its position as a key player in maritime trade. Dubbed the “mini Suez,” the artificial ...

He emphasized the zone's strategic location along the Suez Canal, a key route for global trade. The canal facilitates 12% of global trade, handles 10% of all seaborne goods, and accommodates ...

Egypt’s Suez Canal has seen its revenues nosedive by more than 60 percent in 2024 compared to the previous year, amounting to a staggering $7 billion loss, according to a statement released on ...

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 ongoing tensions in the Red Sea, Chairman of the Suez Canal Authority (SCA ...

During the meeting, Gamal El-Din provided an overview of the Suez Canal Economic Zone, highlighting its 455 square kilometre area and its role in generating 100,000 direct and indirect jobs. He ...