Rabie added, during a press conference on Thursday, that Chinese goods constitute a significant portion of the Suez Canal’s trade traffic, and imposing tariffs on them will impact crossing rates ...

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Egypt’s Suez Canal revenue fell nearly two-thirds in 2024 due to rising regional tensions and conflicts that disrupted vital ...

Compared to January, the number of transiting ships rose by 2.4%, net tonnage increased by 7.1%, and revenues grew by 8.8% ...

Egypt’s revenue from the Suez Canal plunged by almost two thirds last year, officials said on Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East that have ...

At the conclusion of the "Day of Excellence" celebration, Dr. Mostafa Madbouly, Prime Minister, and Admiral Osama Rabie, ...

The Suez Canal Authority, which runs the waterway, said the canal generated an annual revenue of $3.991 billion in 2024, down from a historic high of $10.25 billion in 2023, according to a ...

Attacks by the Iran-backed Houthi rebels have continued to significantly impact commercial shipping through the Suez ...

CAIRO (AP) — Egypt's revenue from the Suez Canal plunged by almost two thirds last year, officials said Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East ...

CAIRO (AP) — Egypt’s revenue from the Suez Canal plunged by almost two thirds last year, officials said Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East ...

Still, canal authority chief Osama Rabie said that the attacks challenge the region but have not prevented Egypt from continuing to provide its navigational and maritime services in the Suez.

Egypt's revenue from the Suez Canal plunged by almost two thirds last year, officials said Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East that have impacted ...