Turkey has plans that rival the Suez Canal, with a new huge maritime corridor that will usher in a new era of economic ...
Traffic through Suez Canal has slowed, driving the cost of goods up, and impacting the two countries’ economies.
Despite the urgent need for a new trading route and the canal project securing the green light in 2003, decades of political ...
Revenues from Egypt's Suez Canal have fallen by 60%, and ship traffic has decreased by 49% since the start of 2024, according ...
This £21.3bn ($28bn) "mega-project" could cut journey time by six to nine days and boost Thailand's economy, according to ...
Egypt's current account deficit surged to $20.8 billion due to a fall in Suez Canal revenues and a widening trade deficit.
Egypt has lost $6 billion in Suez Canal revenue due to escalating geopolitical tensions in the region, President Abdel Fattah ...
Sanctioned Tanker With LNG Cargo Passes Via Suez Canal, Data Shows (Reuters) - The Pioneer tanker, sanctioned by the United States over its links to Russia-sourced liquefied natural gas (LNG), has ...
On May 26, 2008, the British nuclear-powered submarine HMS Superb collided with an underwater pinnacle in the Red Sea, 80 ...
Egypt's current account fell into deficit in the second quarter, reversing a rare surplus in the same period of 2023 as ...
This week saw a significant agreement in the Middle Eastern data centre market as INTRO Technology announced the signing of a ...
A ship sails on the Gulf of Suez, Egypt, on Oct. 8, 2024. Revenues of Egypt's Suez Canal dropped by 60 percent and the number ...