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 ...
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 ...
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 ...
President Abdel Fattah El-Sisi was briefed about the measures taken by the Suez Canal Authority (SCA) to address the challenges arising from the situation in the Red Sea and Bab Al-Mandab Strait as he ...