Suez Canal
Egypt's Suez Canal revenue hit a record high of $7 billion in the financial year to June 30, up 20.7% from the previous year, Canal Authority Chairman Osama Rabea said on Monday. A statement from the authority attributed the rise to an increas..
Egypt expects the Suez Canal's revenues to reach about $7 billion by the end of the current fiscal year, finance minister Mohamed Maait said on Saturday. Tourism revenues are expected to reach between $10 billion and $12 billion by then, despi..
Report says UK officials held talks with Qatar over a long-term arrangement to ensure a stable gas supply The UK has asked Qatar to be its "supplier of last resort" for gas as the European country continues to struggle with an ener..
REUTERS The giant container ship Ever Given, which blocked the Suez canal for six days in March, crossed the waterway on Friday for the first time since it left Egypt after the incident. The ship, en route from the United Kingdom to China, cros..
CAIRO - The container ship that blocked the Suez Canal in March and has been detained there since is due to finally resume its journey on Wednesday after the owner and insurers reached a compensation settleme...
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