An incredible new extension to the Suez Canal has passed its first test in a bid to turn around the Egyptian waterway's ...
Abdelatty and Mohammed Al Yousef, Oman’s minister of commerce, industry, and investment promotion, explored promising ...
Last month, the IMF said it reached a staff-level agreement with Egypt on the fourth review of the 46-month Extended Fund ...
Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 ...
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The proposed route map for the canal includes the central Gaza Strip. It will start in Gaza and join the Gulf of Aqaba.
Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its ...
Gulfbusiness.com on MSN8h
Egypt to receive $1.2bn as part of IMF programme in January, finmin saysEgypt, grappling with high inflation, is targeting about $3bn in the remainder of the current fiscal year, which runs until ...
An ambitious plan to build a huge 160-mile canal would bypass the Suez Canal and challenge Egypt's monopoly of the ...
Egypt’s Suez Canal has seen its revenues nosedive by more than 60 percent in 2024 compared to the previous year, amounting to ...
As part of the capital increase, the bank will distribute free shares at a rate of 0.3 shares for each original share to its shareholders prior to the increase ...
The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and ...
Egypt has tested a new 10-kilometre (6.2-mile) extension to the Suez Canal as it tries to minimise the impact of currents on ...
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