Egypt’s Suez Canal revenue fell nearly two-thirds in 2024 due to rising regional tensions and conflicts that disrupted vital maritime traffic.

The Suez Canal Authority, which runs the waterway, said the canal generated an annual revenue of $3.991 billion in 2024, down ...

Dr. Mostafa Madbouly, Prime Minister, participated in the celebration held today by the Suez Canal Authority to mark the "Day of Excellence," announcing the launch of several maritime services and ...

Founded in 2024, the company is being led by a team that has previously worked for Amazon Robotics, iRobot, and the US Navy.

Attacks by the Iran-backed Houthi rebels have continued to significantly impact commercial shipping through the Suez Canal.

In 1956, an international crisis over control of the Suez Canal put Britain and France into direct conflict with President ...