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 ...

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 ...

Osama Rabie, Chairman of the Suez Canal Authority, stated that the tariffs recently imposed by the United States on China could affect global trade and, consequently, the Suez Canal. Rabie added, ...

The Suez Canal saw more ship traffic in March, according to the head of the Suez Canal Authority (SCA), Osama Rabie. He said that the number of ships passing through the canal increased after a few ...

The head of the Suez Canal Authority announced that navigation traffic in the Suez Canal improved in March. He reported that more ships passed through the canal compared to previous months. This ...

Officials announced Wednesday that Egypt’s Suez Canal revenue plunged by nearly two-thirds in 2024, citing escalating regional tensions and ongoing Middle East conflicts as the primary causes of ...

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. Egyptian dredging ship, Mashhour, sails at the ...