Saudi Ports Authority seeks Suez Canal partnership for Jeddah port development
Saudi Arabia’s ports authority is seeking to partner with the Suez Canal Authority (SCA) for the development of Jeddah port and other infrastructure projects, the head of the Saudi body said on Sunday. Sulaiman bin Khalid Al-Mazroua, President of the
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Suez Canal revenues hit $449m in early 2026 as regional stability returns
Suez Canal revenues reached $449m since the beginning of 2026, marking a recovery following a ceasefire in Gaza that restored regional stability, Suez Canal Authority (SCA) Chairperson Osama Rabie said on Sunday. The canal recorded the passage of 1,315 ships