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The men of the 421st brigade reflect on the decisive move and the lasting bond that has continued for half a century - Click the link for more details.
CAIRO - The Egyptian Suez Canal’s annual revenue dropped by about 23.4 per cent in the fiscal year 2023/2024 due to the Red Sea crisis, Mr Osama Rabie, chairman of the Suez Canal Authority (SCA ...
The Suez Canal Authority of Egypt confirmed that all vessels, commercial and military, have the right to transit the waterway freely.
It cost us a very heavy price but it allowed the IDF to continue with the operation to cross the Suez Canal,” is Mordecai’s view today.
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 al-Sisi said on Thursday.
Rabie added, during a press conference on Thursday, that Chinese goods constitute a significant portion of the Suez Canal’s trade traffic, and imposing tariffs on them will impact crossing rates ...
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Egypt Cuts Canal Fees to Bring Ships After Trump-Houthi Deal - MSNEgypt cut fees for some vessels crossing the Suez Canal, seeking to revive the critical trade route after the US agreed to a ceasefire with Yemeni militants attacking Red Sea shipping.
The navigation statistics in the Suez Canal made new records during July , achieving the highest monthly transit rate in the history of the canal, the head of the Suez Canal Authority Osama Rabie ...
The News President Donald Trump demanded free transit for US ships crossing the Panama and Suez canals, arguing that the routes wouldn’t exist without Washington.
Rerouting vessels around Africa could add 10 days to a ship's route—and 15 percent to shipping costs—said S&P Global's Chris Rogers.
A tanker ship transporting crude oil from the Mediterranean to the Red Sea broke down in the Suez Canal, briefly delaying traffic through the critical waterway on Sunday.
The SCA chairman stressed that the Suez Canal will remain the fastest and shortest route for the ships, noting that savings rates for ships crossing the Suez Canal between Asia and Europe range ...
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