Suez Canal
- World
Over 40% drop in Suez Canal traffic following Houthi attacks: UN
Taipei: The traffic volume of the Suez Canal dropped by more than 40 per cent as Yemen rebels repeatedly attacked merchant ships. According to United Nations data, the Yemen rebels’ Commercial traffic…
- Middle East
Egypt denies reports of suspending navigation in Suez Canal
Cairo: Egypt had denied reports of a temporary suspension of navigation in the Suez Canal as a result of the ongoing tension in the Red Sea’s strategic Bab-el-Mandeb area. Chairman of Egypt’s…
- World
Egypt monitoring Red Sea tension as ships avoid Suez Canal
Cairo: Egypt’s Suez Canal Authority (SCA) announced it was closely monitoring the impacts of military tensions in the Red Sea, following major carriers taking alternative routes due to safety concerns. SCA Chairman…
- India
Egypt considering allocating land to Indian industries in Suez Canal Economic Zone
New Delhi: India and Egypt have reaffirmed their commitment to the founding values of the Non-Aligned Movement (NAM), international law and respect for the sovereignty and territorial integrity of all states. It…
- Middle East
Suez Canal to raise transit fees
Cairo: The Suez Canal’s transit tolls will increase by 15 percent for all types of vessels and 10 percent for dry bulk and cruise ships starting next year, the Suez Canal Authority…
- Middle East
Arab countries, GCC condemn terrorist attack on Suez Canal
Several Arab countries, in the strongest terms, condemned the attack on a water lifting station, east of the Suez Canal in the Arab Republic of Egypt, which resulted in the death and injury…
- Middle East
Suez Canal revenues hit all-time record at USD 6.3 billion
Cairo: Egypt’s Suez Canal said Sunday its annual revenues reached USD 6.3 billion last year, the highest in the crucial waterway’s history. Admiral Ossama Rabei, head of the Suez Canal Authority, said…