The IMF projected the Suez Canal revenues to recover over the coming years and hit $6.3 billion in FY2025/2026, $8.2 billion ...

Egypt and China entered into three financial cooperation agreements on Thursday. The main topics of discussion included the creation of agreements to facilitate trade in local currencies and the ...

The US dollar traded at EGP 49.37 for purchasing and EGP 49.47 for selling at the Commercial International Bank Egypt (CIB) ...

Egypt's progress on structural reforms under an $8 billion International Monetary Fund loan agreement has been mixed, the ...

What began as a fight over a canal spiraled into a global showdown. The Suez Crisis revealed the cracks in old empires—and reshaped the modern Middle East.

Indian importers are absorbing some of the shock, but only for a while. If the crisis continues through 2025, the cost burden will eventually shift more heavily onto the consumer.

The Suez Canal Economic Zone (SCZone) announced Tuesday, July 15, 2025, the expansion of the Nile Plastic Recycling Company's project in Ain Sokhna, with an additional $15 million investment aimed at ...