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

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 ...

Admiral Osama Rabie announced the successful trial operation of the Suez Canal's expansion project in the Small Bitter Lakes ...

Egypt’s Suez Canal has seen its revenues nosedive by more than 60 percent in 2024 compared to the previous year, amounting to ...

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

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

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

President Abdel Fattah El-Sisi was briefed about the measures taken by the Suez Canal Authority (SCA) to address the ...

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