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

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

In his review of “The Determined Spy,” Philip Terzian refers to the “newly nationalized Suez Canal” (Spring Books, April 5). Strictly speaking, Egypt’s Gamal Abdel Nasser nationalized ...

Osama Rabie, Chairman of the Suez Canal Authority, stated that the tariffs recently imposed by the United States on China could affect global trade and, consequently, the Suez Canal. Rabie added, ...

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 impacted ...

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 ...

The canal is a major source of foreign currency for the Egyptian government, with about 10% of world trade flowing through the waterway in recent years. The Suez Canal Authority, which runs the ...

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 ...