The incident has been likened to the blockage of the Suez Canal in 2021, when the gigantic Ever Given container ship held up ...
In 1956, an international crisis over control of the Suez Canal put Britain and France into direct conflict with President Nasser of Egypt, a proud Arab nationalist determined to stand up to foreign ...
With revenues from the Suez Canal collapsing, Egypt’s tourism and remittance sectors will face increased pressure to prop up an economy teetering on the brink. Middle East Eye delivers ...
Israel and Hamas announced a ceasefire on Wednesday, leading to speculation that the Yemen-based Houthis — who began ...
Moreover, the Suez Canal witnessed the completion of the full duplication of its navigational route between the 122-km and 132-km marks, which will increase shipping capacity and expedite vessel ...
This stood at about $7 bln, in the outgoing year 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 ...
"Spillovers from the conflicts in Gaza and Israel and trade disruptions in the Red Sea continue to negatively affect sentiment and cause substantial declines of up to 70 percent in Suez Canal ...