An incredible new extension to the Suez Canal has passed its first test in a bid to turn around the Egyptian waterway's ...
ACWA Power, the world's largest private water desalination company, leader in energy transition and first mover into green ...
An ambitious plan to build a huge 160-mile canal would bypass the Suez Canal and challenge Egypt's monopoly of the ...
The proposed route map for the canal includes the central Gaza Strip. It will start in Gaza and join the Gulf of Aqaba.
Following a successful trial, the Suez Canal is set to expand by 10 km in the Small Bitter Lakes area, increasing vessel ...
Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea. The ...
Red Sea disruptions — a consequence of Houthi maritime attacks — have cost Egypt at least $7 billion in Suez Canal revenue ...
Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian ...
Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its ...
The wind farm's financing includes a $703.6m senior debt facility from a group of international banks and institutions.
In November, 115 container vessels passed through the canal, a 72 percent drop from the 422 that passed through a year ago, ...
The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and ...