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 ...

Traffic through Suez Canal has slowed, driving the cost of goods up, and impacting the two countries’ economies.

The Ministry of Transport Kamel Al-Wazir has initiated a trial run of the Al-Fardan – Bir Al-Abd railway, which spans 100 km ...

Egyptian National Railways (ENR) has operated its first passenger train to the Sinai Peninsula for over 50 years, running ...

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 ...

In August 2024, the African Union Peace and Security Council approved the formation of the African Union Support and ...

The Ministry of Planning, Economic Development, and International Cooperation announced that investments directed towards ...

Egypt’s president said on Sunday its revenues from the Suez Canal have dropped by 60%, or more than $6 billion, in recent ...

Egypt is among the most important five African countries that help in the growth of the economy of Africa with Gross Domestic Product (GDP) 348 billion dollars due to its strategic position and the ...

Revenues from Egypt's Suez Canal have fallen by 60%, and ship traffic has decreased by 49% since the start of 2024, according ...

Revenues from Egypt's Suez Canal dropped by 60 percent, and the number of ships passing through the waterway decreased by ...