News

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 ...
The 193-kilometer Suez Canal, connecting the Red Sea and the Mediterranean ... Abdo said Egypt could turn the crisis into an opportunity by developing logistics infrastructure around the canal ...
Chairman Osama Rabie confirmed with major clients that positive developments regarding security conditions in the Red Sea are ...
The history of the Suez crisis will be familiar to many readers but is worth briefly retelling. In 1956, General Gamal Abdel Nasser of Egypt announced the nationalisation of the British-controlled ...
Egypt will not accept this cheap blackmail,” said a member of Egypt’s parliament in response to Trump's social media post.
CAIRO (AP) — Egypt's revenue from the Suez Canal plunged by almost two thirds last year, officials said Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East ...
In February, Rabie noted that no sustainable alternative to the Suez Canal was found during the crisis, underscoring its strategic importance.
The canal is a major source of foreign currency for the Egyptian government, with about 10% of world trade flowing through the waterway in recent years. The Suez Canal Authority, which runs the ...
CAIRO (AP) — Egypt’s revenue from the Suez Canal plunged by almost two thirds last year, officials said Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East ...