This news comes after Egyptian President Abdel-Fattah al-Sisi revealed on Thursday that Suez Canal revenues dropped by more than 60 percent in 2024 due to regional issues. He said Egypt lost about 7 ...
Admiral Osama Rabie announced the successful trial operation of the Suez Canal's expansion project in the Small Bitter Lakes ...
Egypt has tested a new 10 km section near the Suez Canal's southern end, aiming to increase the canal's capacity. Despite ...
As a result of this armed conflict, Egypt has suffered a huge financial loss as its earnings from the Suez Canal have fallen by 60 percent. The loss is gauged at around $ 7 billion to Egypt. Currently ...
Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its ...
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Egypt. Land of pharaohs, pyramids and the Nile River ... an eight-hour bus ride through the Israelites’ Land of Goshen, past ...
In November, 115 container vessels passed through the canal, a 72 percent drop from the 422 that passed through a year ago, ...
According to a false rumor, the Colorado Republican congresswoman made the statement while citing "political instability in ...
Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea. The ...
Oil prices are rising on the back of China's monster stimulus package and continued signs of strong demand in North America.
Diverting shipping away from the Suez Canal cost Egypt nearly $7bn this year as revenues dropped by 60% year over year. The ...