Egypt's Suez Canal revenue has dropped significantly due to geopolitical tensions and Houthi attacks in the Red Sea, causing ...
Sourcing Journal on MSN7h
Red Sea Crisis Costs Egypt $7 Billion in 2024 as Suez Revenues SinkThe office did not provide total figures, or tonnage numbers. Admiral Ossama Rabiee, the chairman and managing director of ...
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 ...
Egypt said on Saturday (December 28, 2024) that it had successfully tested a new 10 km channel near the southern end of the ...
AGBI on MSN16h
Suez Canal revenue drops $7bn amid Red Sea instabilitySuez Canal revenue fell 60 percent, or $7 billion, year on year in 2024 as ongoing instability in the Red Sea disrupted ...
President says due to “regional challenges”, country lost approximately $7 billion in Suez Canal revenue, 60pc less than 2023 ...
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 ...
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