Egypt, Suez Canal

Regional challenges cost Egypt around $7 billion of Suez Canal revenues in 2024, Sisi says
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. Egypt lost more than 60% of the canal's revenues in 2024 compared with 2023,
Success Amidst Challenges: Egypt's Suez Canal Expansion
Egypt has tested a new 10 km section near the Suez Canal's southern end, aiming to increase the canal's capacity. Despite this, revenue from the canal has significantly decreased due to attacks by Yemen's Houthi militants on vessels in the Red Sea,
Egypt commits to boosting private sector role as it loses $7bn in Suez Canal revenue this year
Egypt lost roughly $7 billion in revenues from the Suez Canal, down about 60 per cent annually, mainly as a result of attacks by Yemen's Houthis on ships in the Red Sea, Egyptian President Abdel Fattah El-Sisi said on Thursday. The amount marks a drop of ...
Egypt completes trial run of new Suez Canal channel extension
Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from the waterway has plunged since Yemen's Houthi militants began attacking vessels in the Red Sea.
Red Sea Disruptions Cost Egypt $7 Billion in Suez Revenues
Red Sea disruptions — a consequence of Houthi maritime attacks — have cost Egypt at least $7 billion in Suez Canal revenue this year, the country’s presidency said in a statement Thursday.
Bankrupt Egypt hit hard by Israel-Houthi war, earning from Suez Canal falls by…, president Sisi faces danger like…
As a result of this armed conflict, Egypt has suffered a huge financial loss as its earnings from the Suez Canal have fallen ...
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Egypt: After Assad's fall, Sisi warns of ‘chaos and destruction’ in propaganda video
Egyptian police have detained Syrians celebrating the end of Assad's rule and imposed visa restrictions on Syrians seeking to ...
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Egypt denies imminent official visit to Syria
In a meeting with Jordan's King Abdullah II, El-Sisi stressed the importance of "supporting the Syrian state and preserving ...
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PM: Sisi always directs to upgrade spinning, weaving industry
Prime Minister Mostafa Madbouli has stressed that President Abdel Fattah El Sisi always directs to develop spinning and ...
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Egypt: Sisi fears a popular uprising after the fall of Assad in Syria
Amid an economic downturn and growing hardships for many Egyptians, Sisi has opted for a strategy reliant on fear - ...
Egypt's Al-Sisi:“My Hands Not Stained With Blood, I Have Never Taken What Wasn't Mine”
Egyptian President Abdel Fattah Al-Sisi has declared that he has never been involved in bloodshed or taken anything that did ...
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Upon President Sisi's directives, FM meets with Gabon's president in Libreville
Upon President Abdel Fattah El Sisi's directives, Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr ...
Regional challenges cost Egypt around $7 bln of Suez Canal revenues in 2024, Sisi says
Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian ...
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Zayed Charity Run attracts 50,000 participants to support cancer patients in Egypt
The ninth edition of the Zayed Charity Run commenced this morning in Egypt's New Administrative Capital under the patronage ...