News

The Suez Canal is more than just a waterway ,it's a man-made marvel that reshaped global trade and geopolitics. Built through the harsh Egyptian desert, this 120-mile canal connects the Mediterranean ...
Russia is set to open a new consulate in the Egyptian Red Sea resort city of Sharm el-Sheikh, following a decision by Prime Minister Mikhail Mishustin on May 27. ・Russia plans to open a new consulate ...
The measure to lower Suez transit fees underscores the canal's crucial role for the Egyptian economy and international trade.
Will lower tariffs lure the world’s shipping giants back to the Suez Canal after the disruptions in the Red Sea caused by the ...
Samaa Soliman, deputy chairman of the Foreign, Arab, and African Affairs Committee of the Egyptian Senate, said: "Only Egypt is responsible for securing and protecting the Suez Canal." Egyptian ...
While the Red Sea security crisis hit traffic and revenue for the Suez Canal, it also led to higher shipping costs as vessels ...
The Suez Canal Authority will apply a 15% discount on transit fees for 90 days to container ships with a net cargo of 130,000 tons or more.
The generated earnings were compared with non-consolidated net profits of EGP 763.289 million in the same six months in FY ...
The notion of distancing Ethiopia from access to the Red Sea is fundamentally flawed, particularly when considering that ...
At the start of 2025 the UN authorized a new peacekeeping force of 11,900 troops. In February the U.S. carried out airstrikes against Islamic terrorists in Puntland, which is in northern Somalia.
Prime Minister Moustafa Madbouli affirmed that the state continues to pursue its approach of maintaining cooperation with partners to ensure the best use of promising opportunities in Egypt's energy ...