Egypt denies rumors about selling Suez Canal to foreign party for 99 years
Egypt’s Suez Canal Authority (SCA) has denied on Friday the rumors circulating about selling the vital waterway to…
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Egypt’s Suez Canal
M/V Glory Ship refloated after running aground in Egypt’s Suez Canal
The M/V Glory Ship has been refloated after running aground in the Suez Canal and briefly disrupting traffic,…
Egypt’s Suez Canal makes record revenues of $7.9bn in 2022
Egypt's Suez Canal has registered a record-breaking revenue of $7.932 billion in 2022 up from $6.333 billion last…
UAE’s NMDC wins $272 million Suez Canal dredging job
UAE’s National Marine Dredging Co. (NMDC) has won a contract worth AED 1 billion ($272 million) for dredging works…
Egypt launches new maritime cable Red2Med – minister
Egypt’s Ministry of Communications and Information Technology has inaugurated on Wednesday a new fully owned cable…
Egypt’s Suez Canal revenues grow 32.4% in August
Egypt’s revenues from the Suez Canal surged 32.4 percent year-on-year to $744.8 million in August.
Egypt succeeds in refloating Affinity V oil tanker after briefly blocking Suez Canal
Tug boats refloated oil tanker Affinity V that was briefly stranded in Egypt's Suez Canal late on Wednesday due to…
Egypt’s SCA, Maersk International sign a $500 million deal to develop SCCT
Egypt’s Suez Canal Authority (SCA) and Maersk International Group sign a $500 million deal to develop the Suez…
Egypt’s Suez Canal records highest daily traffic rate of 89 ships
Egypt’s Suez Canal recorded on Saturday the highest daily transit rate of transiting ships from both sides with 89…
Egypt’s Suez Canal revenues surge 20.7% in FY2021/2022 – official
Egypt’s revenues from the Suez Canal reported a 20.7 percent year-on-year growth in revenues for the financial year…