The statement came amid news circulated on social media platforms claiming that Egypt had contracted an Israeli company to manage the waterway’s services through a 99-year concession contract.
Suspected militants fire on security checkpoint in Ismailia city, killing three policemen and a citizen, and wounding 12 others, mostly conscripts, officials and state-run media say.
Militants attacked Egyptian troops with an explosive-rigged vehicle and fired heavy weapons installed on pick-up trucks, before military reinforcements fought them off.
The Suez Canal Authority has announced accelerated plans to expand parts of the canal and improve ship navigation by 28 percent.
The unprecedented 2021 revenues came as the shipping industry is still under pressure from two years of the coronavirus pandemic.
Forces from the UAE, Bahrain, Israel and the US Naval Forces Central Command began a multilateral maritime security operations exercise in the Red Sea to "enhance interoperability".
Under a settlement deal, MV Ever Given ship moves towards the Mediterranean Sea after Cairo and the vessel’s Japanese owner reach an agreement on an undisclosed compensation amount.
Suez Canal Authority held the giant ship and its crew in a lake between two stretches of the waterway since it was dislodged on March 29, amid a dispute over a demand for compensation.
No country has claimed Mayun Island military base but Israeli military intelligence news site says the construction is a "UAE military project" meant to control shipping in strategic Bab al Mandeb strait.
Japanese-owned, Taiwanese-operated and Panama-flagged ship moved to unobstructive anchorage in Suez Canal, after it was freed on March 29, “due to its failure to pay $900 million” compensation to waterway authorities.
Massive spending to upgrade the Suez Canal hasn't done anything to stop incidents like the Ever Given last month. So what exactly was the point again?
Egypt's Suez canal Authority warns the ship and its cargo will not be allowed leave if the issue of damages goes to court.
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