Egypt said Wednesday that maritime security in the Red Sea has improved in recent months, calling on foreign governments and shipping firms to reroute vessels back to the Suez Canal.

Egypt’s Suez Canal revenue fell nearly two-thirds in 2024 due to rising regional tensions and conflicts that disrupted vital maritime traffic.

He pointed out that the Suez Canal is affected by current political situations, both regionally and globally, adding that the situation in the Red Sea and Bab al-Mandab has cost the canal losses ...

Officials say Egypt’s revenue from the Suez Canal plunged by almost two thirds last year, attributing the sharp drop to ...

Egypt - A total of 264 ships have diverted from the Cape of Good Hope to the Suez Canal since February 1st ... the Chairman acknowledged the broader impact of the Red Sea crisis on the Canal's overall ...

citing attacks on vessels in the Red Sea. Egyptian President Abdel Fattah el-Sissi’s government in 2015 completed a significant expansion of the Suez Canal, adding a second shipping lane and ...

ISMAILIA - Suez Canal Authority (SCA) Chairman Osama Rabie said on Wednesday there is a slight improvement in navigation ...

citing attacks on vessels in the Red Sea. Egyptian President Abdel Fattah el-Sissi’s government in 2015 completed a significant expansion of the Suez Canal, adding a second shipping lane and ...