That's led to ocean carriers avoiding the Suez Canal altogether, instead opting for a longer journey around South Africa's Cape of Good Hope. In a December 26 briefing, Egypt President Abdel Fattah al ...

Egyptian President Abdel Fattah Al-Sisi and his Russian counterpart Vladimir Putin held a telephone conversation on 21st January, as reported by the press service of the Egyptian leader, according to ...

Egypt’s Suez Canal has seen its revenues nosedive by more ... particularly in the wake of Syrian President Bashar al-Assad’s fall. While Abdel Fattah el-Sisi, Egypt’s authoritarian leader ...

Rabie explained that the resumed activity follows the restoration of stability in the Red Sea and Bab al-Mandab regions ... In 2024, Egypt's Suez Canal revenues plummeted to $4 billion, a 60.7 ...

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 ...

CAIRO, Dec. 26 (Xinhua) -- Egyptian President Abdel-Fattah al-Sisi said Thursday that the Suez Canal revenues fell more than 60 percent year-on-year in 2024 amid regional challenges, according to ...

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. Two ships used the ...

Egyptian President Abdel Fattah al-Sisi said on Thursday that due to "regional challenges", the country had lost approximately $7 billion in Suez Canal revenue in 2024, marking more than a 60% drop ...

Egyptian President Abdel Fattah al-Sisi said on Thursday that due to "regional challenges", the country had lost approximately $7bn in Suez Canal revenue in 2024, marking more than a 60% drop from ...