COSCO container ship makes first Suez Canal transit since Red Sea tensions
Egypt’s Suez Canal witnessed the first transit of the giant container ship OOCL PORTUGAL on Wednesday. The vessel,…
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Suez Canal
Egypt launches Sokhna cargo terminal trial
Egypt started trial operations on Tuesday at the first phase of the general cargo and bulk terminal at Sokhna Port,…
Egypt’s Sisi highlights global cooperation at BRICS Summit
Egyptian President Abdel Fattah El-Sisi participated on Sunday in the open session and working lunch for leaders of…
Egypt’s Suez Canal grows 33.8% in Q4
Egypt’s Suez Canal activity grew by 33.8 per cent in the fourth quarter of fiscal year 2025/2026 and 23.3 per cent…
URGENT: Egypt’s economy grows 5.1% in FY2025/26, beating forecasts – minister
Egypt's economy grew 5.1 per cent in the 2025/26 fiscal year, accelerating from 4.4 per cent a year earlier and…
Egypt denies plans to sell Suez Canal, dismisses $500 mln loss claim
Egypt denied plans to sell, pledge, or transfer ownership of the Suez Canal in exchange for government debt,…
Suez Canal chief meets new Panama envoy as Egypt seeks closer ties
Egypt is seeking to strengthen cooperation between Suez and Panama canals as container-ship traffic through the…
Egypt denies Suez Canal debt swap
Egypt denies plans to swap or pledge the Suez Canal to settle domestic debt, the Cabinet said on Sunday, rejecting…
Egypt’s Suez Canal sees first transit of BANGKOK MAERSK
Egypt's Suez Canal witnessed on Saturday the first transit of the BANGKOK MAERSK container ship on Saturday as part…
Egypt discusses boosting maritime cooperation with Maersk
Egyptian Prime Minister Mostafa Madbouly discussed strengthening maritime transport and logistics cooperation with…
Maersk, Hapag-Lloyd return AE15 service to Suez Canal route
Maersk and Hapag-Lloyd have announced a structural return to the Suez Canal route for their AE15 service under the…
Egypt’s Sisi reviews Suez Canal shipbuilding projects, pushes local manufacturing
Egypt's President Abdel Fattah El Sisi reviewed navigation traffic through the Suez Canal during the 2025/2026…
Egypt’s Suez Canal activity grows 23.6% in Q3 2025/26
Egypt’s Suez Canal activity grew 23.6 per cent in the third quarter of fiscal year 2025/26, making it the…
LNG-powered CMA CGM container ship transits Suez Canal on maiden voyage
The CMA CGM NOTRE DAME, one of the world's largest LNG-powered container ships, transited Egypt's Suez Canal on…
Sidara says Egypt remains key market at London BEBA event
Egypt remains a key market in Sidara’s global strategy, Dar–Sidara executive Hazem Gohar said on Wednesday,…
Sisi meets CMA-CGM chief at Africa-France Summit
Egyptian President Abdel Fattah El-Sisi met Rodolphe Saadé, Chairman of French shipping group CMA CGM, on Tuesday…
Egypt’s central bank cuts real GDP growth forecasts on Iran-US conflict risks
Egypt’s central bank lowered its forecasts for economic growth over the next two fiscal years, citing the impact of…
Egypt’s Q3 GDP rises 5% as Suez Canal, construction drive growth – minister
Egypt’s economy expanded by an estimated 5 per cent in the third quarter of fiscal year 2025/2026 (January–March),…
Egypt’s Prime Minister inaugurates 9 projects in SCZONE with $6.5b investments
Egypt’s Prime Minister Moustafa Madbouly inaugurated nine industrial projects in the Sokhna Industrial Zone on…
URGENT: Suez Canal rescues crew after supply vessel fire in Gulf of Suez
Egypt’s Suez Canal Authority (SCA) said on Thursday its maritime units rescued three crew members from a supply…
Egypt quickly refloats XIN TAIN YUAN Ship in Suez Canal
A cargo vessel that ran aground in the Suez Canal on Thursday was refloated within hours, Egyptian authorities…
Egypt’s Suez Canal operations normal despite adverse weather
Navigation through Egypt’s Suez Canal is proceeding normally, the Suez Canal Authority (SCA) said on Wednesday, as…
Wars and Economy: Navigating a World in Flux
At the heart of the Middle East—where energy routes, trade corridors, and political influence intersect—one of the…
Sisi reviews Suez Canal readiness amid regional conflict
Egypt’s President Abdel Fattah el-Sisi met on Sunday with Prime Minister Moustafa Madbouly and Suez Canal Authority…
URGENT: Egypt raises fuel prices amid global energy market pressures
Egypt raised the prices of several petroleum products and vehicle fuel gas effective Tuesday at 3:00 a.m., citing…
Egypt’s Suez Canal operates normally with 56 ships transiting on 3 March – chairman
Egypt’s Suez Canal is operating normally in both directions, providing full 24-hour maritime services, the…
Middle East on a Knife-Edge as Israel-Iran Conflict Shows No Red Lines
The long-running shadow conflict between Israel and Iran burst into the open on Saturday, in a rapid escalation…
Suez Canal sees transit of HUA RUI LONG world’s largest heavy-lift vessels
Egypt’s Suez Canal witnessed on Monday the transit of the heavy-lift vessel HUA RUI LONG—one of the largest of its…
Largest Maersk container ship in two years sails through Suez Canal
Egypt’s Suez Canal Authority (SCA) said on Tuesday that the container ship ASTRID MAERSK completed its first…
Suez Canal revenues reach $449m in early 2026 – chairman
Egypt’s Suez Canal generated $449 million from the transit of 1,315 vessels carrying 56 million tons in early 2026,…
Suez Canal shows strong recovery as shipping lines prepare to return – chairman
The Suez Canal Authority (SCA) reported significant growth in traffic and revenues in the first half of fiscal year…
Egypt’s Suez Canal traffic boosted as CMA CGM, Maersk ships resume voyages
Egypt’s Suez Canal saw the passage of the giant container ship CMA CGM JACQUES SAADE for the first time in two…
Egypt approves $4.3m S.Korea grant for green energy infrastructure in Suez Canal
Egypt’s Cabinet on Wednesday approved a draft presidential decree ratifying a $4.3 million grant agreement with…
Egypt’s Suez Canal aims for unprecedented boost in local maritime industry –…
Egypt’s Suez Canal Authority (SCA) is ramping up domestic shipbuilding to meet local maritime demand and expand…
Suez Canal Chairman Osama Rabie first-time entrant on Lloyd’s top 100 list
For the first time, Lloyd’s List has included Suez Canal Authority Chairman Osama Rabie in its annual One Hundred…
Suez Canal revenues forecast to hit $10b by FY2027/2028 – chairman
Egypt’s Suez Canal Authority expects revenues of $8 billion in 2026/27 and $10 billion in 2027/28, Chairman Osama…
IMF delegation praises Suez Canal as key to global supply chains
A delegation from the International Monetary Fund (IMF) visited the Suez Canal on Monday, emphasising its strategic…
GREEN DOCK 3 successfully transits Suez Canal in 24-hour operation
The floating dock GREEN DOCK 3, towed by the tugboat Persistence and guided by four additional Suez Canal Authority…
URGENT: Egypt’s GDP growth hits 5.3% in Q1
Egypt’s GDP grew 5.3 per cent in the first quarter of the 2025/2026 fiscal year, up from 3.5 per cent in the same…
Maersk to resume Suez Canal transits in early December after strategic deal
A.P. Moller-Maersk will begin sending container vessels through the Suez Canal again in early December under a…