Between 2018-19 and 2023-24, the goods exports grew at a compound annual growth rate (CAGR) of 5.8 %, while services exports ...

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 ...

The aggression violates international law.” A serious accusation from the gang that has been locking international cargo ships from entering the Red Sea, paralyzing traffic through the Suez Canal and ...

Incidents such as the Red Sea attacks, Ever Given blockage of the Suez Canal and the Panama Canal drought caused panic among shippers waiting for their goods to arrive. Companies already invested in ...

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 ...

As officials caution that ballistic missile and drone attacks from Yemen are likely to persist, Jerusalem is indicating that ...

President-elect Donald Trump suggested on Wednesday that the U.S. could take control of Canada, Greenland and the Panama Canal—an unexpected Christmas Day message that has sparked concerns among world ...

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

It’s hard to know how seriously to take Mr. Trump’s broadsides. But threatening a takeover that would require an invasion may ...

Egypt lost roughly $7 billion in revenues from the Suez Canal, down about 60 per cent annually, mainly as a result of attacks ...