Egypt, Suez Canal

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,
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.
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. The amount marks a drop of ...
Regional challenges cost Egypt around $7 bln 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.
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.
Middle East Eye1d
Egypt: Sisi fears a popular uprising after the fall of Assad in Syria
Amid an economic downturn and growing hardships for many Egyptians, Sisi has opted for a strategy reliant on fear - ...
sis2h
President El-Sisi Meets Chairman of Suez Canal Authority
President El-Sisi was briefed on the revenues generated by the Canal in 2024, which saw a decline of more than 60% compared ...
Zayed Charity Run attracts 50,000 participants to support cancer patients in Egypt
The ninth edition of the Zayed Charity Run commenced this morning in Egypt New Administrative Capital under the patronage of ...
Egypt's Al-Sisi:“My Hands Not Stained With Blood, I Have Never Taken What Wasn't Mine”
Egyptian President Abdel Fattah Al-Sisi has declared that he has never been involved in bloodshed or taken anything that did ...
Cleveland Jewish News4h
Egypt battles online campaign aimed at stirring unrest
Cairo, wary of the impact of the Syrian regime's collapse, is fighting what it says are subversive elements sharing archival protest videos via social media.
Al-Monitor7d
Turkey’s Erdogan in Egypt, holds first meeting with Sisi after Assad's fall
The Turkish and Egyptian leaders focused on Syrian reconstruction, humanitarian aid to Gaza and strengthening bilateral ...
Al-Sisi Urges Continued Efforts To Modernize Egypt's Education System
Egyptian President Abdel Fattah Al-Sisi has emphasized the importance of ongoing reforms to modernize the country's ...
Hebdo Ahram7d
El-Sisi reiterates Egypt rejection of any scenarios aimed at liquidating Palestinian cause at D-8 Summit’s special session
During the special session to discuss the situation in Palestine and Lebanon on the sidelines of the 11th Developing Eight ...