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 ...
An incredible new extension to the Suez Canal has passed its first test in a bid to turn around the Egyptian waterway's ...
An ambitious plan to build a huge 160-mile canal would bypass the Suez Canal and challenge Egypt's monopoly of the ...
( MENAFN - Daily News Egypt) Suez Canal bank has announced an increase in its issued capital from EGP 5bn to EGP 6.5bn, ...
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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.
Following a successful trial, the Suez Canal is set to expand by 10 km in the Small Bitter Lakes area, increasing vessel ...
Political officials in Jerusalem have voiced concern over Egypt’s unprecedented military buildup, including the construction of tunnels and bridges over the Suez Canal. These developments, they warn, ...
The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and ...
Egypt is set to receive a $1.2 billion disbursement from the International Monetary Fund (IMF) this month as part of an ...
The Suez Canal is growing by up to 10km in length in its Small Bitter Lakes segment which will enable it to handle six to eight more vessels daily, the Suez Canal Authority (SCA) has announced. This ...
The beginning of 2025 finds Israel now in a direct fight with the Houthis, exchanging aerial bombardments, missiles and drone ...
According to the Suez Canal Authority, the latest expansion extends the total length of the canal's two-way section to 82km ...
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