CAIRO (AP) — A tanker transporting crude oil broke down in a single-lane part of Egypt’s Suez Canal on Sunday, briefly disrupting traffic in the global waterway, Egyptian authorities said. The ...

In 1956, the Suez Canal became the flashpoint for a global crisis. Egypt’s President Nasser defied Britain and France, ...

The Suez Canal Authority said in a statement that the BW Lesmes, a Singapore-flagged tanker that carries liquefied natural gas, suffered a mechanical malfunction in its propulsion and steering ...

During his participation, on behalf of His Excellency President Abdel Fattah El-Sisi, President of the Republic, at the ninth ...

The Suez Canal Authority, which runs the waterway, said the canal generated an annual revenue of $4 billion (€3.5bn) in 2024, down from a historic high of $10.3bn (€9.1bn) in 2023, according ...

Opened in 1869, the Suez Canal provides a crucial link for oil, natural gas and cargo. It also remains one of Egypt’s top foreign currency earners.

Egypt took in just $428 million last month, compared to $804 million during the same period in 2023, according to Lieutenant General Osama Rabie, chairman of the Suez Canal General Authority. On ...

CAIRO (AP) — A tanker transporting crude oil broke down in a single-lane part of Egypt’s Suez Canal on Sunday, briefly disrupting traffic in the global waterway, Egyptian authorities said. The ...