Officials say Egypt’s revenue from the Suez Canal plunged by almost two thirds last year, attributing the sharp drop to ...

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

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

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

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

Dr. Mostafa Madbouly, Prime Minister, participated in the celebration held today by the Suez Canal Authority to mark the "Day of Excellence," announcing the launch of several maritime services and ...

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 ...

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 ...

ISMAILIA, Egypt, April 16 (Xinhua) -- Suez Canal Authority (SCA) Chairman Osama Rabie said on Wednesday there is a slight ...