Egypt is set to receive a $1.2 billion disbursement from the IMF as part of an $8 billion program. The agreement follows high inflation and currency shortages, aggravated by a decline in Suez Canal ...

Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 ...

Egyptian President Sadat and Israeli Prime Minister Begin were jointly awarded the Nobel Peace Prize in recognition of the ...

The proposed route map for the canal includes the central Gaza Strip. It will start in Gaza and join the Gulf of Aqaba.

By Haider Abbas After one year of Israel fighting its neighbours, there are no signs of any decline in the war clouds. Israel ...

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 ...

2024 was a better than expected year for air cargo, according to many stakeholders in the industry. E-commerce and Red Sea-related sea to air demand helped push up volumes, although there were also ...

Egypt’s economy has shown remarkable resilience amid global uncertainties, achieving a solid 3.5% growth in the first quarter ...

The project was brought about following the grounding of the Ever Given in 2021, which blocked the waterway for six days and ...

Egypt and China bid farewell to 2024 with stronger bilateral relations under a 2014 agreement to elevate their ties to a comprehensive strategic ...

Egypt is the original home of the Muslim Brotherhood, and the majority of Egyptians hate Israel and would gladly discard the peace treaty with Israel if given a choice.

Egypt's Suez Canal revenue has dropped significantly due to geopolitical tensions and Houthi attacks in the Red Sea, causing ...