The canal is a major source of foreign currency for the Egyptian government, with about 10% of world trade flowing through the waterway in recent years. The Suez Canal Authority, which runs the ...

This was part of a 50-year renewable usufruct agreement signed by the Abu Dhabi company with the General Authority for Suez Canal Economic Zone (SCZONE). The KEZAD East Port Said Industrial Zone will ...

Many Egyptians have responded negatively to a demand by US President Donald Trump that American ships should sail the Suez ...

Egypt was home to one of the world's most important transportation systems: the Suez Canal. But it was owned ... in the territorial wrangling of the Middle East lay a shared overriding motive ...

CAIRO (AP) — Egypt's revenue from the Suez Canal plunged by almost two thirds last year, officials said Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East that have ...