News

Chairman of the Suez Canal Economic Zone Authority Walid Gamal El-Din attended the ceremony this morning for the laying of ...
The Suez Canal Authority (SCA) is progressing with its strategy to enhance its operational capabilities and foster local marine industry partnerships, according to Maritimafrica.
President Donald Trump said on April 26 that U.S. military and commercial ships should be allowed to pass through the Panama ...
Egypt's Prime Minister Mostafa Madbouly held a meeting on Sunday with Walid Gamal El-Din, Chairperson of the General ...
US President Trump proposed that American military and commercial ships should receive free passage through the Panama and ...
President Trump said Saturday that American commercial and military ships should not have to pay to travel through the Panama ...
The Associated Press - Business News on MSN11d
Egypt’s revenue from the Suez Canal plunged sharply in 2024
Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. Egyptian ...
The Suez Canal, located in Egypt and connecting the Mediterranean Sea to the Red Sea, is another key waterway. According to the think tank Atlantic Council, it sees 12% to 15% of worldwide trade ...
The canal is a major source of foreign currency for the Egyptian government, with about 10% of world trade flowing through the waterway in recent years. The Suez Canal Authority, which runs the ...