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Suez Canal Expands as Revenues Plunge $7B
Egypt successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from the waterway ...
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New $17bn mega-project will rival Suez Canal by building 'uninterrupted highway' between Europe and Asia
This mega-project, encompassing a network of roads, railways, ports and cities, aims to reduce travel time between Asia and Europe - posing competition to Egypt's Suez Canal, a crucial trade route ...
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Egypt Tests New Extension for Suez Canal
The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and ...
The troubled history of the Panama Canal’s racial and social divide
The social and racial divide along the Panama Canal zone in its American heyday was stark: a silver and gold, segregated ...
Regional challenges cost Egypt around $7 bln of Suez Canal revenues in 2024, Sisi says
Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian ...
Suez Canal Economic Zone Secures $64Bn In Green Hydrogen Investments
The Suez Canal Economic Zone (SCZONE) has attracted $64bn in green hydrogen investments through 12 framework agreements, ...
Red Sea Disruptions Cost Egypt $7 Billion in Suez Revenues
Red Sea disruptions — a consequence of Houthi maritime attacks — have cost Egypt at least $7 billion in Suez Canal revenue ...
Egypt Tests New Extension Of The Suez Canal
Egypt has tested a new 10-kilometre (6.2-mile) extension to the Suez Canal as it tries to minimise the impact of currents on shipping and increase the key waterway's capacity.
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Egypt tests new extension of the Suez Canal
CAIRO - Egypt has tested a new 10-kilometre extension to the Suez Canal as it tries to minimise the impact of currents on shipping and increase the key waterway's capacity. Two ships used the new ...