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,
Success Amidst Challenges: Egypt's Suez Canal Expansion
Egypt has tested a new 10 km section near the Suez Canal's southern end, aiming to increase the canal's capacity. Despite this, revenue from the canal has significantly decreased due to attacks by Yemen's Houthi militants on vessels in the Red Sea,
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.
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.
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.
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President El- Sisi directs ensuring high-quality telecommunications services
President Abdel Fattah El-Sisi has urged improving coverage and quality of communications and internet services to meet ...
Anadolu Ajansi13h
Egypt follows Ethiopia-Somalia agreement, hopes for stability: President al-Sisi
Egyptian President Abdel Fattah al-Sisi said Saturday that he is “closely” following the agreement reached between Ethiopia ...
Middle East Eye4d
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 - ...
sis1h
Signing of contract for land for new factory to manufacture "MG" cars in Egypt
This comes within the framework of the directives of His Excellency President Abdel Fattah El-Sisi, President of the ...
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Lebanon arrests late Muslim Brotherhood leader's son wanted by Egypt: Judicial official
Lebanese authorities have arrested Abdul Rahman Al Qaradawi, an Egyptian opposition activist wanted by Cairo and son of the ...
Middle East Eye5d
Egypt: After Assad's fall, Sisi warns of ‘chaos and destruction’ in propaganda video
Egyptian police have detained Syrians celebrating the end of Assad's rule and imposed visa restrictions on Syrians seeking to ...
Zawya2h
President El-Sisi Meets the Prime Minister and the Minister of Communications & Information Technology (IT)
Today, President Abdel Fattah El-Sisi met with Prime Minister, Dr. Mostafa Madbouly, and Minister of Communications and ...
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 ...
Al-Monitor9d
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 ...
Bankrupt Egypt hit hard by Israel-Houthi war, earning from Suez Canal falls by…, president Sisi faces danger like…
As a result of this armed conflict, Egypt has suffered a huge financial loss as its earnings from the Suez Canal have fallen ...