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Houthi Attacks Cut Suez Canal Revenue By 40-50%: Egypt President
Egyptian President Abdel Fattah al-Sisi said Monday that revenues from the Suez Canal had "decreased by 40 to 50 percent" so far this year due to attacks on shipping by Yemen's Huthi rebels.
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11 Egyptian Security Personnel Killed After "Foiling Terrorist Attack": Army
One officer and ten Egyptian soldiers were killed after "foiling a terrorist attack" on a water-lifting station east of the Suez Canal, an army spokesman said on Saturday.
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Ship That Blocked Suez Canal Leaves Egyptian Waters: Report
The Ever Given container ship that had blocked the Suez Canal in March left Egyptian waters at 4 am local time following inspections at Port Said, a canal source said on Tuesday.
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Suez Megaship Owner Haggles Over $900m Release Demand
The Japanese owner of a megaship seized after blocking the Suez Canal has said it is negotiating with Egyptian authorities after they demanded $900 million in compensation for its release.
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3.5 Days To Clear Suez Canal Traffic Jam Once Ship Refloated: Authorities
Once the container ship blocking the Suez Canal is refloated it will take three and a half days to clear a traffic jam of hundreds of vessels, Egyptian authorities said Monday.
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Egyptian President Abdel Fattah el-Sisi to Visit India on Wednesday
Egyptian President Abdel Fattah el-Sisi will visit India on Wednesday to attend the third India-Africa Forum Summit where he would also highlight his country's keenness on boosting bilateral ties, a presidential spokesperson said today.
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Abdel Fattah Al-Sisi Walks Fine Line Between Egypt's Tycoons and Generals
When Egyptian general-turned-president Abdel Fattah al-Sisi removed the unpopular Muslim Brotherhood from power in 2013, billionaire Naguib Sawiris promised to invest in his country like never before. Two years on he has no desire to spend.
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PM Modi, Egypt President Sisi Discuss Counter Terrorism, Investment Opportunities
Prime Minister Narendra Modi and Egyptian President Abdel Fattah al-Sisi have discussed counter terrorism and explored the possibilities of Indian investment in the ambitious Suez Canal project.
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'No Difficulty' for France to Find Mistral Buyers: Francois Hollande
French President Francois Hollande said on Thursday there would be "no difficulty" in finding new buyers for two Mistral warships that had been sold to Russia before Paris scrapped the deal.
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Egypt Says 'New Suez Canal' Ready for Business
Egypt said on today that the "new Suez Canal" was ready for navigation for all kinds of ships, as authorities geared up to launch the shipping route officially next month.
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Houthi Attacks Cut Suez Canal Revenue By 40-50%: Egypt President
Egyptian President Abdel Fattah al-Sisi said Monday that revenues from the Suez Canal had "decreased by 40 to 50 percent" so far this year due to attacks on shipping by Yemen's Huthi rebels.
-
11 Egyptian Security Personnel Killed After "Foiling Terrorist Attack": Army
One officer and ten Egyptian soldiers were killed after "foiling a terrorist attack" on a water-lifting station east of the Suez Canal, an army spokesman said on Saturday.
-
Ship That Blocked Suez Canal Leaves Egyptian Waters: Report
The Ever Given container ship that had blocked the Suez Canal in March left Egyptian waters at 4 am local time following inspections at Port Said, a canal source said on Tuesday.
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Suez Megaship Owner Haggles Over $900m Release Demand
The Japanese owner of a megaship seized after blocking the Suez Canal has said it is negotiating with Egyptian authorities after they demanded $900 million in compensation for its release.
-
3.5 Days To Clear Suez Canal Traffic Jam Once Ship Refloated: Authorities
Once the container ship blocking the Suez Canal is refloated it will take three and a half days to clear a traffic jam of hundreds of vessels, Egyptian authorities said Monday.
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Egyptian President Abdel Fattah el-Sisi to Visit India on Wednesday
Egyptian President Abdel Fattah el-Sisi will visit India on Wednesday to attend the third India-Africa Forum Summit where he would also highlight his country's keenness on boosting bilateral ties, a presidential spokesperson said today.
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Abdel Fattah Al-Sisi Walks Fine Line Between Egypt's Tycoons and Generals
When Egyptian general-turned-president Abdel Fattah al-Sisi removed the unpopular Muslim Brotherhood from power in 2013, billionaire Naguib Sawiris promised to invest in his country like never before. Two years on he has no desire to spend.
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PM Modi, Egypt President Sisi Discuss Counter Terrorism, Investment Opportunities
Prime Minister Narendra Modi and Egyptian President Abdel Fattah al-Sisi have discussed counter terrorism and explored the possibilities of Indian investment in the ambitious Suez Canal project.
-
'No Difficulty' for France to Find Mistral Buyers: Francois Hollande
French President Francois Hollande said on Thursday there would be "no difficulty" in finding new buyers for two Mistral warships that had been sold to Russia before Paris scrapped the deal.
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Egypt Says 'New Suez Canal' Ready for Business
Egypt said on today that the "new Suez Canal" was ready for navigation for all kinds of ships, as authorities geared up to launch the shipping route officially next month.
