In November, 115 container vessels passed through the canal, a 72 percent drop from the 422 that passed through a year ago, ...

Red Sea disruptions — a consequence of Houthi maritime attacks — have cost Egypt at least $7 billion in Suez Canal revenue ...

Egypt's Suez Canal revenues plummeted to $4 billion in 2024 from $10.2 billion in 2023 (a 60.7 percent loss) due to the ...

Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea. The ...

Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian ...

Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its ...

Egypt's Suez Canal revenue has dropped significantly due to geopolitical tensions and Houthi attacks in the Red Sea, causing ...

Egypt successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from the waterway ...

Egyptian Minister of Foreign Affairs Badr Abdelatty and Omani Deputy Prime Minister Fahd bin Mahmoud Al-Said discussed on ...

Diverting shipping away from the Suez Canal cost Egypt nearly $7bn this year as revenues dropped by 60% year over year. The ...

The yearlong attacks on commercial ships in the Red Sea are continuing to take their financial toll on the Suez Canal and the Egyptian economy. According to a statement from Egypt’s presidential ...

Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian ...