Beijing hopes to make a splash on the trade scene with the construction of the Pinglu Canal, which is set to open in 2026 and ...

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 ...

The measure to lower Suez transit fees underscores the canal's crucial role for the Egyptian economy and international trade.

She stressed the group's keenness to return to sailing through the Suez Canal, noting that Maersk monitors the latest developments in the security situation in the Red Sea region ...

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 ...

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 rebates would begin to go into effect Thursday and would last 90 days. Container ships have largely avoided the Suez Canal since late 2023 after Houthi militants in Yemen began attacking ...

While the Red Sea security crisis hit traffic and revenue for the Suez Canal, it also led to higher shipping costs as vessels ...

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 ...

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.

Egypt will offer a 15% discount on Suez Canal transit fees for large container ships starting May 15, 2025, for 90 days. The move follows a ceasefire agreement involving the U.S. and Houthi rebels and ...