The Suez Canal has long been a vital source of foreign currency for Egypt that has been undergoing its worst-ever economic crisis.
Egypt’s Suez Canal has seen its revenues nosedive ... which is already reeling under a worsening economic crisis. Inflation is soaring, the currency is in freefall, and millions of Egyptians ...
Diverting shipping away from the Suez Canal cost Egypt nearly $7bn this year as revenues dropped by 60% year over year. The ...
Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its ...
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 ...
Egypt has tested a new 10-kilometre (6.2-mile) extension to the Suez Canal as it tries to minimise the impact of currents on shipping and increase the key waterway's capacity.
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 ... by the Red Sea crisis into the fourth quarter.
The Suez Canal has long been a vital source of foreign currency for Egypt that has been undergoing its worst ever economic crisis. According to the International Monetary Fund, revenue from the ...