News

Cairo, Apr 17 (AP) Egypt's revenue from the Suez Canal plunged by almost two thirds last year, officials said Wednesday, ...
Attacks by the Iran-backed Houthi rebels have continued to significantly impact commercial shipping through the Suez Canal.
Dr. Mostafa Madbouly, Prime Minister, participated in the celebration held today by the Suez Canal Authority to mark the "Day of Excellence," announcing the launch of several maritime services and ...
Another early peak container shipping season is on tap as Asia-Pacific trade is predicted to outpace a global economic ...
At the height of the construction of the Panama Canal in the early ... the equivalent of one Suez Canal every three years. Panama’s current $5.25 billion expansion of that canal is a worthy ...
Suez Canal navigation statistics show that 166 vessels have chosen ... which the SCA said would not have been possible before the expansion, as the maximum permissible beam was 70 metres. The SCA also ...
Arab Finance: The Suez Canal Economic Zone (SCZone) has attracted investments totaling EGP 8.3 billion across 264 projects in its industrial zones and ports over the past 33 months, according to ...
Rabie mentioned that the operational phase of the Suez Canal expansion project in the Small Bitter Lakes would commence in the first quarter of 2025. This will follow the completion of updated ...
The Suez Canal attracts 12% to 15% of all global maritime trade, but only 3% of U.S. trade runs through the artificial waterway connecting the Red Sea to the Mediterranean, Vance claimed.