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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,
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.
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.
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.
1d
on MSN
Two arrested in Egypt after attempting to steal hundreds of ancient artifacts from the bottom of the sea
Egyptian authorities have arrested two men for attempting to steal hundreds of ancient artifacts from the bottom of the sea, ...
10h
Egypt Seen Holding Record Rate Even as Inflation Slightly Eases
Egypt will probably hold interest rates at a record high, seeking to ensure inflation keeps slowing before embarking on its ...
2d
Uncertainty clouds fate of Syrians in Egypt after Assad ouster
Syrian refugees and residents in Egypt face an uncertain future as new regulations may jeopardise their right to remain in ...
fingerlakes1
39m
Essential Things You Should Know Before Visiting Egypt
Visiting the historical sites of Egypt: Egypt is well- known for having a good history since ancient times. Moreover, it also ...
1d
Egypt, IMF Reach Initial Deal for $1.2 Billion Loan Tranche
Egypt and the International Monetary Fund reached a preliminary deal that would likely unlock a further tranche of the North ...
5h
Baiyu to build new renewable energy free-trade zone in Egypt
The project will include a renewable energy free-trade zone in Cairo and a logistics park at the Port of Alexandria.
Zawya
16h
Egypt introduces new regulations for importing cars for personal use
Payment for the car must be processed exclusively through approved banking methods via banks operating in
Egypt
. Exceptions ...
6d
Egypt's First-ever Asylum Law Fuels Concerns Over Refugee Rights
Egypt adopted its first-ever asylum law this week, but it has sparked concerns among human rights groups who warn it takes a ...
11m
Nile rats and Black Death: Mummy reveals bubonic plague in Egypt 3,290 years ago
Researchers have uncovered the oldest confirmed case of the plague outside Eurasia in an ancient Egyptian mummy.
Zawya
4h
Egypt: Arab Developers Holding sets dividend policy at 100% of capital
Arab Developers Holding Company's board has decided to set its dividend distribution policy for shareholders at 100% of the ...
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