Sourcing Journal on MSN6h
Red Sea Crisis Costs Egypt $7 Billion in 2024 as Suez Revenues Sink
The office did not provide total figures, or tonnage numbers. Admiral Ossama Rabiee, the chairman and managing director of ...
Bizcommunity7h
Egypt completes trial run of new Suez Canal channel extension
According to the Suez Canal Authority, the latest expansion extends the total length of the canal's two-way section to 82km ...
Zawya11h
Egypt: Suez Canal Bank unveils issued-capital hike to $127.8mln
The lender is set to raise its capital by EGP 1.50 billion financed from the shareholders' share in the distribution of profits for the year that ended on December 31st 2023 ...
AGBI on MSN15h
Suez Canal revenue drops $7bn amid Red Sea instability
Suez Canal revenue fell 60 percent, or $7 billion, year on year in 2024 as ongoing instability in the Red Sea disrupted ...
Somali-Ethiopian Reconciliation Prompts Egypt To Reassess Regional Role: African Narratives
A new report from the African Narratives think tank reveals that a recent reconciliation agreement between Somalia and ...
From Camp David Accord to Olympics boycott: 5 moments that shaped Carter's presidency
While Former US President Jimmy Carter only served one term in the White House, before being replaced by charismatic former ...
Dawn18h
Egypt tests new extension of the Suez Canal
President says due to “regional challenges”, country lost approximately $7 billion in Suez Canal revenue, 60pc less than 2023 ...
The Times of Israel19h
The world’s most important seaways, the Suez and the Panama Canal, in the news
A decades-old plan, a Suez Canal alternative for larger boats, is a bit held up by Israel’s drive to get Gaza terrorist-free. There’s always something. This Canal can be finished in five years, but ...