CAIRO, Sept.15, 1956 (UP) President Gamal Abdel Nasser said Egypt would show the world it could operate the canal successfully. He again warned that his country would fight to defend its ...

The giant ship is causing a traffic jam in one of the world's busiest waterways A giant container ship the length of four football pitches has become wedged across Egypt's Suez Canal, blocking one ...

The focal point of this revolutionary initiative is the construction of a 55 km canal, often referred to as Egypt's 'mini Suez Canal', which will channel water from the Mediterranean Sea into the ...

Prior to the pandemic, trade passing through the Suez Canal contributed to 2% of Egypt's GDP, according to Moody's. Separately, data from Lloyd's List showed the stranded ship was holding up an ...

While Egypt is geographically close to the conflict ... the eastern part of Ismailiyah Governorate east of the Suez Canal, the area to the west of the Nile Valley (with exceptions, see here) ...

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Egypt races to dislodge giant vessel blocking Suez Canal Tugboats and a specialised suction dredger worked to dislodge the giant container ship that has been stuck sideways in Egypt's Suez Canal ...

El-Sisi's remarks came during the inauguration of the seventh edition of Egypt Energy Show (EGYPES ... During the 2022/2023 fiscal year, Suez Canal revenues hit a record-breaking $9.4 billion.

Suez Canal traffic dropped precipitously in January, nearly halving Egypt's revenue from waterway fees as Houthi rebels continue to attack transport vessels. Egypt took in just $428 million last ...

causing a significant hit to the amount of income Egypt receives from vessels paying to transit the Suez Canal. The reports also said that Egypt is holding negotiations with both the Houthis and ...

Alexandra Canal is a New York-based Senior Reporter at Yahoo Finance who covers the business of Hollywood, media and entertainment, and beyond. Alexandra's reporting ranges from breaking news ...