As a result of this armed conflict, Egypt has suffered a huge financial loss as its earnings from the Suez Canal have fallen by 60 percent. The loss is gauged at around $ 7 billion to Egypt. Currently ...
We recently published a list of the 10 Best Marine Shipping Stocks to Buy According to Analysts. In this article, we are ...
Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its ...
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 ...
Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea.
Diverting shipping away from the Suez Canal cost Egypt nearly $7bn this year as revenues dropped by 60% year over year. The ...
Supply chain disruptions throughout 2024 highlighted the risks of relying too heavily on one supply strategy. Incidents such ...
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 ...
It’s hard to know how seriously to take Mr. Trump’s broadsides. But threatening a takeover that would require an invasion may ...