It significantly reduces shipping time and costs, especially for time-sensitive or perishable goods. The canal’s construction began in 1880 under Ferdinand de Lesseps, who built Egypt’s Suez Canal, ...

The possible motives behind US president-elect’s interest in vital shipping channel Donald Trump has reiterated ambitions to “take back” the Panama Canal, which was built by the US and ...

"First, in order to revert to a Suez routing the carriers would want to be reasonably certain that the situation does not suddenly deteriorate, and they would have to make their vessels do a U-turn ...

Video shows medevacs in Rafah Crossing for first time in nine months ...

In 2022, skaters were able to enjoy the full 7.8 km of the canal on opening day for the first time in more than two decades. But in the 2023 season, the Skateway failed to open for the first time ...

22, Trump proclaimed, “We’re being ripped off at the Panama Canal like we’re being ripped ... Learn more about Made by History at TIME here. Opinions expressed do not necessarily reflect ...

Wading into an issue that made headlines when Trump claimed last month that the canal was “foolishly” given to Panama, Rubio described the waterway as a strategic vulnerability due to Chinese ...

President-elect Donald J. Trump’s threat to take back the Panama Canal may be posturing, but it could dampen the Panamanian government’s wish to broaden relations with the United States ...

The Canal was now merely an auxiliary of the U.S Navy. World War II also transformed the United States economy and solidified for all time the strength of both coasts, further reducing the need for ...

U.S. President-elect Donald Trump has in recent days repeatedly denounced what he sees as China’s outsized influence on the Panama Canal – the ... At the same time, local officials we ...

Egypt - A banking alliance led by Banque Misr, alongside Suez Canal Bank and Al Baraka Bank–Egypt, has successfully secured long-term joint financing of $108m for MAFI for Agricultural Produce ...

Over the past decade, Egypt has set ambitious goals for the future of one of the world’s most crucial trade routes and a cornerstone of its not insignificant rentier economy: the Suez Canal. In 2015, ...