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

The International Monetary Fund reported in March 2024 that the Suez Canal trade dropped by 50% in the first two months of ...

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 ...

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 ...

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 ...

The International Monetary Fund reported in March 2024 that the Suez Canal trade dropped by 50% in the first two months of that year, compared to the previous year, citing attacks on vessels in the ...

Egypt, which relies heavily on revenue from the Suez Canal, has repeatedly called for calm following a series of attacks on commercial vessels in the Red Sea. In March, Egyptian President Abdel ...

Egypt, which relies heavily on revenue from the Suez Canal, has repeatedly called for calm following a series of attacks on commercial vessels in the Red Sea. -- BERNAMA-XINHUA BERNAMA provides ...