connecting the Red Sea to the Mediterranean Sea. This 160-mile (257 km) canal would cut through the Negev Desert and the southern end of the Gulf of Aqaba, providing an alternative to the Suez ...
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 ...
Ship traffic through the Suez Canal plunged by two thirds at the start of the month, according to new data which shines a light on the impact of disruption in the Red Sea on global trade amid ...
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The canal is a major source of hard currency for Egypt. The Red Sea is linked to the Mediterranean by the Egyptian Suez Canal, creating the shortest shipping route between Europe and Asia.
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 ...
The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the chairman of the canal authority Osama Rabie said on ...
All crew were safe with no reported injuries, MSC added. With the Suez Canal to the north of the Red Sea, it makes the route one of the world's most important routes for consumer goods ...