Egyptian Canal

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

An Egyptian naval vessel was set ablaze during a clash with militants in the restive Sinai Peninsula on Thursday, the military said.

Two years after the Egyptian army deposed president Mohamed Morsi, Egypt is roiled by brazen Islamic State (IS) group attacks in the Sinai Peninsula and brutal government repression that has killed hundreds.

Egypt's army said on Wednesday more than 100 militants and 17 soldiers were killed in simultaneous attacks on military checkpoints in North Sinai, in the most sustained fighting of its kind in years in the restive province.

A roadside bomb killed two Egyptian soldiers today during a patrol near the town of Sheikh Zuweid, medical and security sources said, the latest in a string of attacks in the Sinai Peninsula bordering Israel and the Suez Canal.

Egyptian police fired tear gas at stone-throwing Islamist protesters in two cities on Friday, after authorities vowed to crack down on rallies by the Muslim Brotherhood following its designation as a terrorist group.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

An Egyptian naval vessel was set ablaze during a clash with militants in the restive Sinai Peninsula on Thursday, the military said.

Two years after the Egyptian army deposed president Mohamed Morsi, Egypt is roiled by brazen Islamic State (IS) group attacks in the Sinai Peninsula and brutal government repression that has killed hundreds.

Egypt's army said on Wednesday more than 100 militants and 17 soldiers were killed in simultaneous attacks on military checkpoints in North Sinai, in the most sustained fighting of its kind in years in the restive province.

A roadside bomb killed two Egyptian soldiers today during a patrol near the town of Sheikh Zuweid, medical and security sources said, the latest in a string of attacks in the Sinai Peninsula bordering Israel and the Suez Canal.

Egyptian police fired tear gas at stone-throwing Islamist protesters in two cities on Friday, after authorities vowed to crack down on rallies by the Muslim Brotherhood following its designation as a terrorist group.