Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to ...
A return to normality for the Suez Canal would be welcome news for Egypt as it looks to emerge from its worst economic crisis in decades. Image by EyeEm Mobile GmbH via iStock Egypt is ...
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 ...
Rabie explained that the resumed activity follows the restoration of stability in the Red Sea and Bab al-Mandab regions ... In 2024, Egypt's Suez Canal revenues plummeted to $4 billion, a 60.7 ...
The Houthi attacks on ships in the Red Sea have ceased owing to the ceasefire in Gaza, prompting Egypt to encourage shipping ...
CAIRO - The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the chairman of the canal authority Osama Rabie said on Tuesday.
Egyptian President Abdel Fattah Al-Sisi and his Russian counterpart Vladimir Putin held a telephone conversation on 21st January, as reported by the press service of the Egyptian leader, according to ...
They discussed the necessary measures to enable the resumption of maritime traffic through the canal. Rabie explained that the resumed activity follows the restoration of stability in the Red Sea and ...
The Suez Canal is a major thouroughfare for much of the world's trade, as it avoids a long journey around the bottom of the African continent. Instead, ships sail through the oceanic highway ...
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 ...
The war began with... The world is slowly emerging from the Suez Canal saga, where the Ever Given vessel was stuck in the narrow southern lane of the Canal for six days, disrupting global ...