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Suez Canal Expansion to Increase Two-Way Section by 10km

United States Navy aircraft carrier USS Dwight D. Eisenhower (CVN 69) approaches the Friendship Bridge during a Suez Canal transit in this picture taken April 2, 2021 and released by US Navy on April 3, 2021. (Reuters)
United States Navy aircraft carrier USS Dwight D. Eisenhower (CVN 69) approaches the Friendship Bridge during a Suez Canal transit in this picture taken April 2, 2021 and released by US Navy on April 3, 2021. (Reuters)
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Suez Canal Expansion to Increase Two-Way Section by 10km

United States Navy aircraft carrier USS Dwight D. Eisenhower (CVN 69) approaches the Friendship Bridge during a Suez Canal transit in this picture taken April 2, 2021 and released by US Navy on April 3, 2021. (Reuters)
United States Navy aircraft carrier USS Dwight D. Eisenhower (CVN 69) approaches the Friendship Bridge during a Suez Canal transit in this picture taken April 2, 2021 and released by US Navy on April 3, 2021. (Reuters)

Works are under way to expand the two-way section of the Suez canal to 82 km (51 miles) from 72 km, the chairman of the authority managing the Egyptian waterway said on Tuesday.

Suez Canal Authority Chairman Osama Rabie told a news conference that it would be too expensive to expand the entire waterway that links the Red Sea and the Mediterranean, Reuters reported.

Global shipping traffic was badly disrupted last year when when one of the world's largest container ships got stuck in the southern section of the 190 km canal for about a week.

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FAO: World Food Prices Rise to Two-year High in July

Vendors selling vegetables wait for customers in a wholesale market in the old quarters of Delhi, India, August 7, 2025. REUTERS/Bhawika Chhabra
Vendors selling vegetables wait for customers in a wholesale market in the old quarters of Delhi, India, August 7, 2025. REUTERS/Bhawika Chhabra
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FAO: World Food Prices Rise to Two-year High in July

Vendors selling vegetables wait for customers in a wholesale market in the old quarters of Delhi, India, August 7, 2025. REUTERS/Bhawika Chhabra
Vendors selling vegetables wait for customers in a wholesale market in the old quarters of Delhi, India, August 7, 2025. REUTERS/Bhawika Chhabra

World food commodity prices rose in July to their highest in more than two years, driven by rising international prices for meat and vegetable oils, the United Nations' Food and Agriculture Organization said on Friday.

The FAO Food Price Index, which serves as a global benchmark for food commodity prices, averaged 130.1 points in July 2025, marking a 1.6% increase from June, FAO said.

That was the highest reading since February 2023, though the index was 18.8% below its peak of March 2022, which followed Russia's full-scale invasion of Ukraine.

In July, gains for meat and vegetable oil prices outweighed declines observed in cereal, dairy and sugar, FAO said.