Egyptian President Abdel Fattah al-Sisi staged a lavish ceremony Thursday to unveil a "new" Suez Canal, seeking to boost the country`s economy and international standing by expanding the vital waterway.
Egypt is to inaugurate an expansion of the Suez Canal on Thursday, which it is touting as a boost to world trade. Here are some facts about the project to increase the capacity of the key waterway connecting the Mediterranean to the Red Sea.
As they advance south, Yemen`s Iran-linked Huthi militiamen are moving within striking distance of the strategic Bab al-Mandab strait, a vital corridor through which much of the world`s maritime trade passes.
An Egyptian court has sentenced the manager of a shipping services for 10 years of rigorous imprisonment who was spying for Israel about naval movements through the strategic Suez Canal waterway, state media reported on Sunday.