The strategic plan for New Suez City also aims to make it the eastern economic gateway to Egypt, a centre for free trade and industry, and a hub for advanced export industries. It was noted during the ...

Yemen’s Houthi rebels said they would start attacking Israeli ships in the Red Sea again. They vowed to continue until Gaza’s border crossings reopen and humanitarian aid is allowed in. This could ...

CAIRO: A train slammed into a minibus that was crossing the tracks in an unauthorized location in norther Egypt on Thursday, ...

CAIRO, March 17 (Xinhua) -- Egyptian President Abdel-Fattah al-Sisi said on Monday that Egypt is incurring monthly losses estimated at approximately 800 million U.S. dollars in Suez Canal revenues due ...

CAIRO, Feb 23 (Reuters) - Egypt's Suez Canal Authority chairman Osama Rabei said on Sunday that 47 ships have been rerouted from Cape of Good Hope to Suez Canal since the start of February.

Egyptian President Abdel Fattah al-Sisi said in December the disruption cost Egypt around $7 billion in revenue from the Suez Canal in 2024. That's a drop of more than 60% from its revenue a year ...

Navigable waterways have been dug since the times of Ancient Egypt. While the Suez Canal is a more recent ... and emptied into the Gulf of Arabia near the city of Cleopatris.

Although the Suez Canal is one of Egypt's major sources of hard currency, the Red Sea conflict caused it to lose 61-62 percent of its revenues, around $7 billion, in the fiscal year ending June ...

A train slammed into a minibus that was crossing the tracks in an unauthorized location in norther Egypt on Thursday, killing ...

47 Ships Rerouted to Suez Canal This Month, Chairman Says CAIRO (Reuters) - Egypt's Suez Canal Authority chairman Osama Rabei said on Sunday that 47 ships have been rerouted from Cape of Good Hope ...

CAIRO, Feb 19 (Reuters) - Suez Canal Authority Chairman Osama Rabie said on Wednesday that the Red Sea crisis did not create a sustainable route to replace the canal, adding that there were ...

The crash took place in the Suez Canal province ... train in southern Egypt, killing at least one person. In September, two passenger trains collided in a Nile Delta city, killing at least three ...