CAIRO (AP) — An oil-drilling ship capsized in the Gulf of Suez, killing at least four crewmen and leaving four others missing, authorities said Wednesday.

The drilling ship overturned Tuesday evening off the city of Ras Ghareb, on the African side of the Gulf of Suez, the Red Sea’s northwestern arm and a crucial shipping route, the Petroleum ...

Egyptian authorities say an oil-drilling ship capsized in the Gulf of Suez, killing at least four crewmen and leaving four others missing. They say the drilling ship overturned Tuesday evening ...

Established in 1978, Suez Canal Bank provides retail, corporate, and investment banking services through 53 branches across Egypt as of March 2025. In January 2025, the bank partnered in a consortium ...

Egypt's Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least 130,000 metric tons, to encourage trade back now the security situation has eased and ...