According to the Suez Canal Authority, the latest expansion extends the total length of the canal's two-way section to 82 km.
Cairo has denied reports that Minister of Foreign Affairs Badr Abdelatty is expected to visit Damascus in the coming days.
As a result of this armed conflict, Egypt has suffered a huge financial loss as its earnings from the Suez Canal have fallen by 60 percent. The loss is gauged at around $ 7 billion to Egypt. Currently ...
Prime Minister Mostafa Madbouli has stressed that President Abdel Fattah El Sisi always directs to develop spinning and ...
Madbouli pointed out that President Abdel Fattah El-Sisi gives great attention to the textile sector, with ongoing directives to continue development and modernization of this important sector, adding ...
In November, 115 container vessels passed through the canal, a 72 percent drop from the 422 that passed through a year ago, ...
Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea. The ...
Diverting shipping away from the Suez Canal cost Egypt nearly $7bn this year as revenues dropped by 60% year over year. The ...
Cairo, wary of the impact of the Syrian regime's collapse, is fighting what it says are subversive elements sharing archival protest videos via social media.
CAIRO, December 27. /TASS/. Egypt lost more than 60% of Suez Canal revenues, which stood at about $7 bln, in the outgoing year, Chairman and Managing Director of the Suez Canal Authority Osama Rabie ...
Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian ...
Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian ...