Traffic through Suez Canal has slowed, driving the cost of goods up, and impacting the two countries’ economies.

A ship sails on the Gulf of Suez, Egypt, on Oct. 8, 2024. Revenues of Egypt's Suez Canal dropped by 60 percent and the number of ships passing through the waterway decreased by 49 percent since the ...

Revenues from Egypt's Suez Canal have fallen by 60%, and ship traffic has decreased by 49% since the start of 2024, according ...

This £21.3bn ($28bn) "mega-project" could cut journey time by six to nine days and boost Thailand's economy, according to ...

Egypt is among the most important five African countries that help in the growth of the economy of Africa with Gross Domestic Product (GDP) 348 billion dollars due to its strategic position and the ...

Work is finally underway on France’s Seine-Nord Europe Canal (SNEC), a major new European trading route that promises to ...

This country has developed plans for an ambitious project to build a canal from its east to west coast, in a move that would ...

New Administrative Capital, Egypt - December 2023 2. Workers at construction site; 3. Buildings; Egypt - Recent 4. Vessels on ...

Egypt has lost $6 billion in Suez Canal revenue due to escalating geopolitical tensions in the region, President Abdel Fattah ...

Egypt's current account deficit surged to $20.8 billion due to a fall in Suez Canal revenues and a widening trade deficit.

The Pioneer tanker, sanctioned by the United States over its links to Russia-sourced liquefied natural gas (LNG), has passed through the Suez Canal with an LNG cargo, LSEG data showed on Monday.