The Houthi attacks on ships in the Red Sea have ceased owing to the ceasefire in Gaza, prompting Egypt to encourage shipping ...

Egypt is “cautiously optimistic” a ceasefire between Israel and Hamas will eventually translate into a recovery in Suez Canal revenue, which fell at least 60% due to the war, the country’s ...

Maritime traffic through Egypt's Suez Canal has not been disrupted by recent violence in the canal cities of Port Said and Suez. Fears had been raised over the possible halt of canal traffic after ...

Egyptian President Abdel Fattah al-Sisi earlier on Thursday said that due to “regional challenges”, the country had lost approximately $7 billion in Suez Canal revenue in 2024, marking more ...

Egyptian President Abdel Fattah al-Sisi said on Thursday that due to "regional challenges", the country had lost approximately $7 billion in Suez Canal revenue in 2024, marking more than a 60% drop ...

El-Sisi's remarks came during the inauguration of the seventh edition of Egypt Energy Show (EGYPES 2024), held at Al-Manara International ... 2022/2023 fiscal year, Suez Canal revenues hit a ...

US and Israel could also undermine China’s Belt and Road Initiative (BRI) as the BRI project heavily depends on Egypt’s Suez Canal. For breaking news and live news updates, like us on Facebook ...

Egyptian President Abdel Fattah al-Sisi said on Thursday that regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024. Egypt lost more than 60% of the canal’s ...

Egypt has tested a new 10-kilometre (6.2-mile) extension to the Suez Canal as it tries to minimise the impact of currents on shipping and increase the key waterway's capacity. Two ships used the ...