Egyptian President Abdel Fattah al-Sisi said that the country had lost approximately $7 billion dollars in 2024.

Cairo has denied reports that Minister of Foreign Affairs Badr Abdelatty is expected to visit Damascus in the coming days.

Egypt has tested a new 10 km section near the Suez Canal's southern end, aiming to increase the canal's capacity. Despite ...

Prime Minister Mostafa Madbouli has stressed that President Abdel Fattah El Sisi always directs to develop spinning and ...

As a result of this armed conflict, Egypt has suffered a huge financial loss as its earnings from the Suez Canal have fallen ...

The foreign minister conveyed President Sisi's greetings to the president of Gabon, stressing Egypt's keenness on promoting ...

In November, 115 container vessels passed through the canal, a 72 percent drop from the 422 that passed through a year ago, ...

Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea. The ...

Diverting shipping away from the Suez Canal cost Egypt nearly $7bn this year as revenues dropped by 60% year over year. The ...

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.

CAIRO, December 27. /TASS/. Egypt lost more than 60% of Suez Canal revenues, which stood at about $7 bln, in the outgoing year, Chairman and Managing Director of the Suez Canal Authority Osama Rabie ...

Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian ...