After a year marked by port congestion, vessel diversions and longshore labor issues, maritime shipping is bracing for the ...

ACWA Power, the world's largest private water desalination company, leader in energy transition and first mover into green ...

Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 ...

Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 ...

The Suez Canal is growing by up to 10km in length in its Small Bitter Lakes segment which will enable it to handle six to eight more vessels daily, the Suez Canal Authority (SCA) has announced. This ...

The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and ...

Several European nations conducted operational deployments to the Western Pacific this year, combining national strategies, ...

Egypt and China bid farewell to 2024 with stronger bilateral relations under a 2014 agreement to elevate their ties to a comprehensive strategic ...

Egypt's Suez Canal revenue has dropped significantly due to geopolitical tensions and Houthi attacks in the Red Sea, causing ...

Suez Canal revenue fell 60 percent, or $7 billion, year on year in 2024 as ongoing instability in the Red Sea disrupted ...

Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea. The ...

Diverting shipping away from the Suez Canal cost Egypt nearly $7bn this year as revenues dropped by 60% year over year. The ...