Egyptian President Abdel-Fattah El-Sisi issued a decree Friday to renew Osama Rabie's chairmanship of the Suez Canal Authority (SCA) for another one-year term, the official gazette reported. El-Sisi ...

Chairman Osama Rabie announced on Tuesday that A.P. Moller–Maersk will resume sending its full fleet through the Suez Canal after a two-year suspension, under a new strategic agreement signed with the ...

CAIRO (Reuters) - The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the chairman of the canal authority Osama Rabie said on ...

A company spokesperson shot down a report that the ocean carrier was beginning to phase in return to the Suez Canal in ...

Marine traffic through Egypt's Suez Canal has not been affected by the capsizing of a drillship in the Red Sea, the waterway's authority said. The vessel capsized on Tuesday evening in the Gabal El ...

CAIRO (Reuters) - Normal traffic is expected to resume through the Suez Canal within hours, the head of the canal authority said on Wednesday, following the collision of two vessels. "Slight contact" ...

Since July 1, a total of 5,874 vessels have transited the Canal, generating 1.97 billion U.S. dollars in revenue. This marks a 17.5 percent increase compared to the same period last year, with net ...

CAIRO (Reuters) - Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to the Red Sea, and urged the company to take that into ...

A Suez Canal tugboat has sunk after colliding with a Hong Kong-flagged LPG tanker in the strategically important waterway, the canal authority said on Saturday and a tugboat crew member died, his ...

CAIRO (Reuters) -At least four people died when a vessel capsized while being towed in the Gulf of Suez, one of Egypt's prominent Red Sea oil production sites, the vessel operator's Saudi Arabian ...

CAIRO, June 21 (Reuters) - Egypt's Suez Canal Authority (SCA) is offering a 20% stake in a subsidiary company in line with a government drive to boost the private sector, but selling or leasing the ...