President Trump is pushing for Egypt to compensate the U.S. for its efforts to defend shipping lanes headed to the Suez Canal ...

They explained that Egypt alone has sovereignty over the Suez Canal, which is an Egyptian-owned international waterway through which any vessel is permitted to pass, regardless of its flag or ...

Egypt’s Suez Canal revenue fell nearly two-thirds in 2024 due to rising regional tensions and conflicts that disrupted vital ...

The Suez Canal Authority, which runs the waterway, said the canal generated an annual revenue of $3.991 billion in 2024, down from a historic high of $10.25 billion in 2023, according to a ...

The Suez Canal, located in Egypt and connecting the Mediterranean Sea to the Red Sea, is another key waterway. According to the think tank Atlantic Council, it sees 12% to 15% of worldwide trade ...