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Home› Egypt› Egypt's $8.5B Suez bet is losing ships to the Cape

Egypt's $8.5B Suez bet is losing ships to the Cape

EgyptOct 28, 2026, 4:46 AM
🇪🇬 EgyptNEWS DESKPublisher image not supplied
NEWS DESKEgypt
PUBLISHEDOct 28, 2026, 4:46 AM
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On August 6, 2015, Egypt opened its $8.5 billion New Suez Canal expansion, adding 72 kilometers of new and widened channel to cut waiting times and keep shipping on the Suez route instead of going ...

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Main source: Bing News – Egypt

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