Egypt's President Abdel Fattah al-Sisi said on Monday that the monthly losses of the Suez Canal revenues reached around $800 million due to the regional "situation", as Yemen's Houthis have been ...

The £13 billion project aims to redefine this country's position in global trade and create the new "Suez Canal".

Iran-backed Houthi militants have attacked vessels in the Red Sea area since November 2023, disrupting global shipping lanes by forcing vessels to avoid the nearby Suez Canal and reroute trade ...

Suez Canal Authority Chairman Osama Rabie has confirmed that the Red Sea crisis has not led to the development of a viable alternative route to the canal, while also highlighting positive signs ...

He noted positive signs for regional stability, mentioning ships adjusting their routes back to the Suez Canal, per an SCA statement. The Red Sea tensions have affected the canal's revenues ...

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CAIRO, Feb 19 (Reuters) - Suez Canal Authority Chairman Osama Rabie said on Wednesday that the Red Sea crisis did not create a sustainable route to replace the canal, adding that there were ...

Suez Canal Chief Says Red Sea Crisis Did Not Create Sustainable Route to Replace Canal CAIRO (Reuters) -Suez Canal Authority Chairman Osama Rabie said on Wednesday that the Red Sea crisis did not ...

Suez Canal Authority Chairman Osama Rabie said on Wednesday that the Red Sea crisis did not create a sustainable route to replace the canal, adding that there were positive indicators for the return ...