Egypt plans to turn global supply chain volatility into a strategic opportunity via the Suez Canal Economic Zone (SCZone) – a sprawling 460 km² megaproject along trade routes connecting Europe, Asia ...

Egypt is building a roughly 600-kilometer long high-speed rail line linking the Red Sea to the Mediterranean called the Green Line, under a $4.5 billion contract with a consortium including German ...

CAIRO, Feb 3 (Reuters) - The Suez Canal Authority's chairman, Osama Rabie, said on Monday that navigational maps for the planned 10km (6.2 mile) canal extension were issued. Rabie's statement said ...

A test of a new 10 kilometer channel that extends the stretch of the Suez Canal allowing two-way ship traffic has been deemed successful, as Egypt looks to expand the canal three years after the Ever ...

Egypt’s revenue from the Suez Canal plunged by almost two thirds last year, officials said on Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East that have impacted ...

A return to normality for the Suez Canal would be welcome news for Egypt as it looks to emerge from its worst economic crisis in decades. Image by EyeEm Mobile GmbH via iStock Egypt is “cautiously ...

Once a powerhouse of the ancient world, Egypt today faces a range of internal and external challenges that are holding it ...

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 positive ...

China has denounced the United States for "bullying" after President Donald Trump demanded a free pass for all American ships in the Suez Canal, which is operated by Egypt, a U.S. ally. Both the White ...

CAIRO (Reuters) - Egypt's President Abdel Fattah al-Sisi said on Monday that the monthly losses of the Suez Canal revenues reached around $800 million due to the regional "situation", as Yemen's ...

The skyscraper-sized ship was stuck there for almost a week. LONDON and CAIRO -- The colossal cargo ship that became stuck on the banks of Egypt's Suez Canal last week, blocking traffic through the ...

The Ever Given's owners reached an agreement with the Suez Canal Authority. A giant container ship that blocked traffic in Suez Canal for six days earlier this year was finally set free on Wednesday ...