Egyptian Foreign Minister Badr Abdelatty discussed escalating security tensions in the Red Sea during a visit to Oman on ...
Diverting shipping away from the Suez Canal cost Egypt nearly $7bn this year as revenues dropped by 60% year on year. The figures emerged following a meeting on Thursday between Egyptian President ...
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 ...
US President-elect Donald Trump has raised concerns about China's expanding influence in the Panama Canal region, criticizing high fees and suggesting a return to US control. Panama's President ...
The Suez Canal has felt repercussions from Red Sea attacks.(Photo: Shutterstock/Eric Valenne geostory) Suez Canal revenue has plunged 60% this year, a loss of $7 billion for Egypt, amid attacks on ...
A series of attacks on vessels in the Red Sea late last year prompted many major commodities shippers, including BP and Equinor, to pause or reroute their shipments away from the Suez Canal.
Panamanian President Jose Raul Mulino on Thursday ruled out negotiations with U.S. President-elect Donald Trump over control of the Panama Canal, denying that China was interfering in its operation.
President-elect Donald Trump has repeatedly suggested the United States take over the Panama Canal, a shipping waterway that cuts across Central America, unless fees for using the canal are lowered.
Finally, various chemicals pass through the canal, supporting global manufacturing and production processes. How does it fare against the Suez Canal? While the Panama Canal is crucial to US trade, it ...
(Bloomberg) -- 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 ...
Donald Trump has suggested the US could take control of Canada, Greenland and the Panama Canal in a series of Christmas Day social media posts. The president-elect wished a merry Christmas to all ...