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Egypt, Suez Canal
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. Revenue from the vital international waterway is down over 60 ...
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 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,
11h
Egypt central bank keeps overnight interest rates steady
Egypt's central bank kept its overnight interest rates unchanged on Thursday, as expected, saying that while inflation was ...
2d
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, ...
businessday
11m
Egypt, Nigeria top stock markets with best 10-year returns
Egyptian, Nigerian and Ghanaian stocks have been among the most rewarding investments for investors who bet on African stock ...
1d
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 ...
Global Finance
10h
Egypt Ends Bank IPO Dearth
During the bell-ringing ceremony, Central Bank of Egypt (CBE) Governor Hassan Abdalla emphasized the significance of the ...
2d
on MSN
IMF grants Egypt initial approval of $1.2 billion fourth review
The International Monetary Fund said on Wednesday it reached a staff-level agreement with Egypt on the fourth review under ...
AllAfrica.com
22m
Africa: Egypt National Team Finds Redemption Under Coach Hossam Hassan
After a turbulent start to 2024, Egypt's national football team has turned a corner, showcasing resilience and determination under the leadership of Hossam Hassan.
fingerlakes1
14h
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 ...
7d
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 ...
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 ...
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Israel
Syria
Suez Canal
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