CAIRO (AP) — Egypt's revenue from the Suez Canal plunged by almost two thirds last year, officials said Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East that have ...

Major container shipping lines have suspended sailings through the Strait of Hormuz and the Suez Canal following escalating security risks in the Middle East after US and Israeli strikes on Iran.

The president reviewed measures undertaken in recent years to strengthen macroeconomic performance and mitigate the impact of ...

The behemoth cargo ship stuck in the Suez Canal and blocking traffic in one of the world's most important maritime trade chokepoints isn't set to break free just yet. The Ever Given, a 220,000-ton ...

From Egypt to South Africa, Africa’s strategic waterways move energy, goods, and raw materials across the globe. Understanding these routes shows why the continent is critical to international ...

CAIRO (Reuters) - Egypt is studying further expansions of the Suez Canal to extend and complete a second channel of the waterway, the canal's head said on Monday, a move that could allow for higher ...

The Suez Canal’s revenue has fallen by up to 50% this year due to attacks by Yemen’s Houthi rebels, Egyptian President Abdel Fattah al-Sisi said on Monday, the latest indication that the turmoil in ...

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 ...

Egypt is carrying out a feasibility study on further expanding the Suez Canal in a push to speed up transit times and avert potential blockages in a waterway that carries 12% of global maritime trade.

CAIRO (AP) — Egypt selected a consortium of Egyptian and the Persian Gulf companies Tuesday to develop the government’s mega project to transform the Suez Canal waterway into a hub of international ...