With the ceasefire agreement in Gaza going into effect on January 19, Egypt and other countries are expected to experience an ...

As part of the capital increase, the bank will distribute free shares at a rate of 0.3 shares for each original share to its shareholders prior to the increase ...

According to the ministry of energy the government is close to approving Chevron’s development plan (FDP) for the Aphrodite ...

El-Sisi's remarks came during the inauguration of the seventh edition of Egypt Energy Show (EGYPES ... During the 2022/2023 fiscal year, Suez Canal revenues hit a record-breaking $9.4 billion.

Israel and Hamas agree to a ceasefire, raising questions as to when major container lines will return to the Red Sea.

Egyptian authorities agreed to ... including a collapse in revenues from the Suez Canal, the war in Ukraine and the fallout of the COVID-19 pandemic. The IMF is making the polycrisis we are ...

Egypt lost roughly $7 billion in revenues from the Suez Canal, down about 60 per cent annually ... including the Covid-19 pandemic, the Russia-Ukraine war, regional instability and economic ...

According to a statement from Egypt's presidential office, revenues for the Suez Canal declined more than ... World Container Index (WCI). As of Dec. 19, the WCI across eight major trade lanes ...

Rabie said that even though only 19 ships were targeted since the beginning ... The Red Sea is linked to the Mediterranean by the Egyptian Suez Canal, creating the shortest shipping route between ...

The Capesize market experienced a mixed week, beginning strongly before losing ground as the days progressed. Monday saw the ...

It is a sad reality that some of the countries richest in natural resources are the same ones saddled with the most ...