The CEO of Egypt's third-largest bank tells Al-Monitor why he is hopeful about the country's economic recovery.

Egyptian authorities say an oil-drilling ship capsized in the Gulf of Suez, killing at least four crewmen and leaving four ...

Egypt's Petroleum Ministry said on Tuesday that it received a report from oil and gas production company Offshore Shukheir ...

An oil-drilling barge has sunk in the Gulf of Suez, killing at least four crew members and leaving four others unaccounted ...

Offshore drilling services provider ADES Holding has reported a maritime incident involving its subsidiary's jackup barge, ...

The incident occurred on Tuesday off Ras Ghareb, a key oil site on the African side of the Red Sea, as the ship was being ...

At least four people died when a vessel capsized while being towed in the Gulf of Suez, one of Egypt's prominent Red Sea oil ...

A deadly maritime accident in the Gulf of Suez has claimed at least four lives after an oil-drilling vessel overturned near ...

A cargo ship suffering from ‘sudden steering failure’ careened into a busy port on the Suez Canal, forcing workers to jump out of the way in time. The Liberian-flagged RED ZED boat, which was heading ...

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 Ministry ...

CAIRO: Marine traffic through Egypt's Suez Canal has not been affected by the capsizing of a drillship in the Red Sea, the waterway's authority said. The vessel capsized on Tuesday evening in the ...