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

The crisis in the Red Sea led to a staggering 45% increase in CO 2 emissions from container shipping in the European Union in ...

As unfortunate as it is for the locals or Americans who travel to such risky areas, Al-Shabaab is a regional African problem, ...

Egyptian authorities say an oil-drilling ship capsized in the Gulf of Suez, killing at least four crewmen and leaving four others missing.

These disruptions have been affecting the canal revenues to date. In March, President Abdel Fattah El-Sisi previously revealed that Egypt incurs monthly losses estimated at $800 million in Suez Canal ...

The incident occurred on Tuesday off Ras Ghareb, a key oil site on the African side of the Red Sea, as the ship was being ...

Published reports identified the vessel as the Magic Seas, a Liberian-flagged bulk tanker, and that the crew of 23 was ...

At least four crew members died and three remain missing after an oil-drilling vessel capsized in Egypt's Gulf of Suez during a towing operation.

A drilling ship capsized off Ras Ghareb, with 30 workers on board. Four bodies were recovered, and 22 survivors were hospitalized.

Din, Chairman of the General Authority for the Suez Canal Economic Zone, received at the authority's headquarters in the New Administrative Capital, a delegation from the "Jilin" Provincial Chamber of ...