Israel has an ambitious proposal to construct a 160-mile canal which would connect the Red Sea to the Mediterranean ... would bypass the Suez Canal and challenge Egypt’s long-standing monopoly ...
Egypt's Suez Canal revenues plummeted to $4 billion in 2024 from $10.2 billion in 2023 (a 60.7 percent loss) due to the ongoing tensions in the Red Sea, Chairman of the Suez Canal Authority (SCA ...
Egypt has tested a new 10-kilometre (6.2-mile) extension to the Suez Canal as it tries to minimise ... backed Huthi rebels on shipping in the Red Sea. Before the attacks pushed companies to ...
CAIRO, Dec 28 (Reuters) - Egypt said ... end of the Suez Canal, even as its revenue from the waterway has plunged since Yemen's Houthi militants began attacking vessels in the Red Sea.
In a statement, Rabie said the navy would reissue navigational maps after adding the ... The canal is 193 km long in total. Egypt's Suez Canal connects the Red Sea to the Mediterranean, and ...