Opened in 1869, the canal connects the Mediterranean Sea to the Gulf of Suez and the Red Sea. It provides the fastest crossing between the Atlantic and Indian oceans.

BP Egypt announced the largest oil discovery in the Gulf of Suez in 14 years. The Saqqara well has estimated reserves of 80 million barrels. Saqqara is located on the LL87 exploration license ...

On completion, the Gulf of Suez windfarm will generate 650 GWh of emissions-free electricity per year to cover the electricity needs of 370,000 Egyptians. As per the deal, the EU will provide a ...

The European Bank for Reconstruction and Development (EBRD) has announced $21.3 million in development financing for Egypt's Red Sea Wind Energy firm to expand the wind power plant in the Gulf of Suez ...