Suez Canal Bank (CANA) decided to increase its issued capital from EGP 5 billion to EGP 6.5 billion, according to a bourse disclosure on December 30th 2024. The lender is set to raise its capital by ...

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. Two ships used the ...

CAIRO - Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from the waterway has plunged since Yemen's Houthi militants ...

Tourism revenue—traditionally a primary source of foreign currency along with Suez Canal tolls and remittances ... In addition, Egypt's central bank announced a cut in interest rates with ...

Egypt has successfully tested a newly constructed 10-kilometre extension of the Suez Canal. The initiative aims to reduce the effects of water and air currents on shipping while enhancing the key ...

Explore the detailed Suez Canal Bank balance sheet to understand the company’s financial health and stability. This page provides a clear breakdown of key metrics, including total assets ...

Arab Finance: Revenues from the Suez Canal dropped by over 60% year on year (YoY) in 2024, resulting in an estimated $7 billion loss for Egypt, according to a briefing provided to President Abdel ...

Jimmy Carter, the 39th president of the United States and a Nobel Peace Prize recipient, died on Sunday at his home in Plains ...

Goldman Sach's top brass are revered as some of the sharpest minds on Wall Street. See what they recommend reading, watching, ...