SCA Chairman Osama Rabie announced during Wednesday's launching ceremony that the two tugs, built at the South Red Sea Shipyard in the Red Sea governorate with a bollard pull of 90 tonnes each, will ...

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Strictly speaking, not the Suez Canal but the Suez Canal Company.

At the conclusion of the "Day of Excellence" celebration, Dr. Mostafa Madbouly, Prime Minister, and Admiral Osama Rabie, ...

Officials announced Wednesday that Egypt’s Suez Canal revenue plunged by nearly two-thirds in 2024, citing escalating regional tensions and ongoing Middle East conflicts as the primary causes of the ...

The Suez Canal Authority, which runs the waterway, said the canal generated an annual revenue of $3.991 billion in 2024, down from a historic high of $10.25 billion in 2023, according to a ...

CAIRO (AP) — Egypt’s revenue from the Suez Canal plunged by almost two thirds last year, officials said Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East ...

CAIRO (AP) — Egypt's revenue from the Suez Canal plunged by almost two thirds last year, officials said Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East ...

The canal is a major source of foreign currency for the Egyptian government, with about 10% of world trade flowing through the waterway in recent years. The Suez Canal Authority, which runs the ...