An incredible new extension to the Suez Canal has passed its first test in a bid to turn around the Egyptian waterway's fortunes. Cairo announced it had succeeded in testing the 6.2 mile (10km ...
Turkey's ambitious £20 billion Istanbul Canal project aims to reshape global shipping and solidify its position as a key player in maritime trade. Dubbed the “mini Suez,” the artificial ...
(MENAFN- Daily News Egypt) The Suez Canal Economic Zone (SCZONE) has attracted $64bn in green hydrogen investments through 12 framework agreements, according to SCZONE Chairperson Waleid Gamal El-Din.
Egypt’s Suez Canal has seen its revenues nosedive by more than 60 percent in 2024 compared to the previous year, amounting to a staggering $7 billion loss, according to a statement released on ...
CAIRO, Dec 26 (Reuters) - Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian President Abdel Fattah al-Sisi said on Thursday.
Egypt - The Suez Canal Economic Zone (SCZONE) has attracted $64bn in green hydrogen investments through 12 framework agreements, according to SCZONE Chairperson Waleid Gamal El-Din. This was announced ...
Over the past decade, Egypt has set ambitious goals for the future of one of the world’s most crucial trade routes and a cornerstone of its not insignificant rentier economy: the Suez Canal. In 2015, ...
Spain dabbled in the idea, but it was the French, emboldened after completing the Suez Canal, who started the big dig in the late 19th century. They hired the count who led the Suez project ...
An effort to establish a canal through Panama led by Ferdinand de Lesseps, who built Egypt's Suez Canal, began in 1880 but progressed little over nine years before going bankrupt. Malaria ...
The Panama Canal and the Suez Canal are considered the world's two most important waterways. The U.S. built the canal and operated it until a treaty signed by President Jimmy Carter in 1977 ...
During the 20th century, US-Panama tensions worsened and there were growing protests against US control of the canal, notably after the Suez Canal crisis in 1956, when British and French plans to ...