Egypt

A small recreational submersible, named Sindbad, has sunk off the Egyptian resort town of Hurghada with 45 people on board. The incident occurred around 1,000

DP World has marked a significant milestone in Egypt’s maritime and automotive sectors with its first-ever export shipment of passenger vehicles from Ain

Ship traffic through the Red Sea has remained slow in recent weeks despite a prolonged period without attacks from Yemen’s

Suez Canal Authority chief Osama Rabie said he expects traffic through the Egyptian waterway to gradually return to normal by late March and fully recover by

Egypt is “cautiously optimistic” a ceasefire between Israel and Hamas will eventually translate into a recovery in Suez Canal revenue, which fell at least

CAIRO, Dec 28 (Reuters) – Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its

 Sixteen people including 12 foreign nationals are missing after a tourist boat sank off Egypt's Red Sea coast, the local government said on

(Bloomberg) — Egypt is seeking winter cargoes of liquefied natural gas for the first time in years, highlighting a deepening energy shortage that will

(Bloomberg) — Russia is sending a supertanker filled with oil all the way around Africa to Asia, a sign the nation’s fleet may not be immune from

By Abdel Latif Wahba and Áine Quinn (Bloomberg) — An Egyptian wheat ship has been allowed to sail after waiting three weeks for the correct paperwork,

By Stephen Stapczynski and Salma El Wardany (Bloomberg) — Egypt began buying liquefied natural gas, a rare move by the fuel exporter to avoid shortages

CAIRO, Jan 18 (Reuters) – A sharp downturn in revenue after sea attacks by Yemen’s Houthis diverted away shipping away from

CAIRO, Aug 30 (Reuters) – Egypt’s finance ministry has put in place a package of measures to clear a backlog of goods piled up in port, a

by Sameh El-Khatib  (Reuters) King Khufu’s Boat, an ancient vessel that is the oldest and largest wooden ship discovered, has been painstakingly moved

By Salma El Wardany (Bloomberg) — Egypt is set to boost exports of liquefied natural gas by restarting one of its two production plants. The Damietta

CAIRO, April 18 (Reuters) – Egypt will keep ports running for 24 hours a day, up from 16 currently, to cut “long waiting times” for

By Salma El Wardany (Bloomberg) — Egypt’s Eni SpA-operated Zohr natural gas field has started production, bringing the country closer to its

By Salma El Wardany (Bloomberg) — Pilot production at Egypt’s Eni SpA-operated Zohr natural gas field will begin “in the coming few days,” the oil

by Ron Bousso (Reuters) Exxon Mobil is considering a foray into Egypt offshore oil and gas, seeking to replicate rivals’ success in the country and

By Salma El Wardany (Bloomberg) — Egypt will stop importing liquefied natural gas in 2018 and may eventually export gas after it starts producing this