Egypt completes trial run of new Suez Canal channel extension
10 hours ago · According to the Suez Canal Authority, the latest expansion extends the total length of the canal’s two-way section to 82 km from a previous 72 km. The canal is 193 km long in total.
Egypt completes trial run of new Suez Canal channel extension
1 day ago · According to the Suez Canal Authority, the latest expansion extends the total length of the canal's two-way section to 82 km from a previous 72 km. The canal is 193 km long in total.
SCA Chief announces success of trial operation of the Suez Canal…
9 hours ago · In May 2023, former Minister of Finance, Mohamed Maait, has revealed projections for Suez Canal revenues, to decline by around 60 percent due to tensions in the nearby Red Sea. Last year, the SCA Chief Rabie announced that the annual revenues of Egypt’s Suez Canal Authority (SCA) are at an all-time high, amounting to $9.4 billion during the ...
Suez Canal revenues plunge by 60 percent as Egypt faces …
1 day ago · Egypt’s Suez Canal has seen its revenues nosedive by more than 60 percent in 2024 compared to the previous year, amounting to a staggering $7 billion loss, according to a statement released on ...
Suez Canal revenue down 60%, but Red Sea outlook may be …
1 day ago · Suez Canal revenue has plunged 60% this year, a loss of $7 billion for Egypt, amid attacks on shipping in the Red Sea and ongoing regional tensions. President Abdel Fattah al-Sisi in a statement ...
Regional challenges cost Egypt around $7 bln of Suez Canal ... - Arab News
2 days ago · CAIRO: Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian President Abdel Fattah El-Sisi said on Thursday. Egypt lost more ...
Houthi Attacks Causing More Damage in the Red Sea, Merchant ... - USNI News
Jun 20, 2024 · Comparative data from Marine Traffic suggests that the Houthi attacks have led to a 79.6 percent drop in drybulk carriers going through the Suez Canal in June 2024 versus June 2023.
Red Sea Disruptions Cost Egypt $7 Billion in Suez Revenues
2 days ago · Red Sea disruptions — a consequence of Houthi maritime attacks — have cost Egypt at least $7 billion in Suez Canal revenue this year, the country’s presidency said in a statement Thursday.
Suez Canal news - Today’s latest updates - CBS News
Mar 30, 2021 · Nearly 20% of global trade goes through two canals and both are in crisis. Attacks from the Houthis have slowed Suez Canal traffic, and in Panama, climate is the culprit. Costas Paris, senior...
Suez Canal | AP News
Feb 13, 2023 · Egyptian authorities say a huge fire has broken out in a police headquarters in northeastern Egypt, injuring at least 38 people. They say the blaze ripped through the multistory police headquarters on Monday in the Suez Canal province of Ismailia. Most of the injured suffered from breathing difficulties.