Suez Canal Authority Chairman Osama Rabie has indicated signs of stability returning to the Red Sea to shipping giant AP Moller-Maersk. Despite this, major shipping companies, including Maersk, plan ...

Egyptian President Abdel Fattah al-Sisi said in December the disruption had cost Egypt around $7 billion in revenues from the Suez Canal in 2024. Last week, Maersk said it would continue to divert ...

Egyptian President Abdel Fattah al-Sisi said in December the disruption had cost Egypt around $7 billion in revenues from the Suez Canal in 2024. The Iran-aligned Houthis have carried out more ...

ISMAILIA, Egypt--The Japanese owner of a skyscraper-sized cargo ship wedged across Egypt’s Suez Canal has apologized for the incident that’s imperiling global shipping. Shoei Kisen apologized ...

Putin and Al-Sisi paid special attention to the implementation of major joint projects, including the construction of Egypt's first nuclear power plant El Dabaa with Russian participation and the ...

4. The Suez Canal was also the focal point of both the 1967 and 1973 Arab-Israeli wars, and was shut from 1967-75. 5. The canal is, of course, critical to Egypt’s economy. It collects all the toll ...

A few months after Israel began its war on Gaza, Yemen’s Houthi group started targeting Israel-bound vessels crossing the Bab Al ... Egypt is unlikely to reduce transit fees through the Suez ...

ABU DHABI, 4th July, 2015 (WAM) -- The Egyptian Ladies Association on Monday will host an event marking the eleventh death anniversary of Sheikh Zayed bin Sultan Al Nahyan. The association will ...