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Egypt, Suez Canal

Middle East Eye · 11m

Suez Canal revenues plunge by 60 percent as Egypt faces economic and political turmoil

Egypt’s Suez Canal has seen its revenues nosedive by more than 60 percent in 2024 compared to the previous year, amounting to a staggering $7 billion loss, according to a statement released on Thursday.

Bloomberg on MSN · 21h

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.

Reuters on MSN · 22h

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,

The National on MSN · 20h

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.

Israel and Hamas inch closer to a deal, even

Hamas and Israel blame each other for ceasefire delay

Ukrainian President Volodymyr Zelenskiy said on Monday that more than 3,000 North Korean soldiers have been killed and wounded in Russia's Kursk region and warned that Pyongyang could send more personnel and equipment for Moscow's army.

Israel and Hamas in war of words over ceasefire deal ‘sabotage’

Hamas and Israel accused each other on Wednesday of sabotaging a potential ceasefire-hostage deal despite both sides reporting “significant” progress in past days.

Israel and Hamas inch closer to a deal, even as they accuse each other of complicating efforts

Hamas accused Israel of introducing new conditions while Israel's government said Hamas was reneging on agreements that had already been reached.

1d

Israel’s borders have shifted throughout its history. Action in Syria may reshape them again

Prime Minister Benjamin Netanyahu says Israeli troops will remain in Syrian territory indefinitely, blurring the border with ...

The Times of Israel9d

‘Antisemitic liar’: Israel blasts Irish president’s claim that it wants to settle Egypt

Foreign Minister Gideon Sa’ar castigates comments made today by Ireland’s president, who accused Israel of breaching ...

Anadolu Ajansi11d

Israel’s settlement expansion in Golan reflects unwillingness to achieve peace: Egypt

Egypt calls Israeli decision to expand settlements in occupied Golan ‘flagrant violation of Syria’s sovereignty, territorial ...

Palestine Chronicle3d

Gaza Management Committee – Egypt Receives Proposed Leadership Candidates

The list reportedly consists of independent national figures aimed at forming a committee to address the situation in the ...

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