As we enter 2025, it must be acknowledged that there is a convergence of capital, influential people (from business and ...

In December 2023, the United Nations announced that the warring parties had agreed on a road map for peace ... sailed through the Red Sea and the Suez Canal. Now, many shipping companies are ...

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

Currently, Egypt is going through a serious economic crisis. At the same time ... merchant ships from around the world have left the Suez Canal, causing a huge drop of 60 percent in Egypt ...

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 ...

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 figures emerged following a meeting on Thursday between Egyptian ...

CAIRO, Dec 28 (Reuters) - Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal ... is the world’s largest multimedia news provider ...

Sudan is, in fact, experiencing the world’s largest ever recorded humanitarian crisis, with 30.4m people in need of assistance, according to the UN’s Global Humanitarian Overview 2025.

CAIRO, Dec 26 (Reuters) - Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian President Abdel Fattah al-Sisi said on Thursday.