Egypt, Suez Canal and 2024

Red Sea Disruptions Cost Egypt $7 Billion in Suez Revenues
Red Sea disruptions — a consequence of Houthi maritime attacks — have cost Egypt at least $7 billion in Suez Canal revenue this year, the country’s presidency said in a statement Thursday. Revenue from the vital international waterway is down over 60 ...
Regional challenges cost Egypt around $7 bln of Suez Canal revenues in 2024, Sisi says
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.
Egypt Suez Canal revenues fall by over 60% in 2024 due to Red Sea tensions
Egypt's revenues from the Suez Canal fell by more than 60 percent in 2024 compared to the previous year amid the Red Sea tensions, resulting in a loss of nearly $7 billion, a presidential statement said on Thursday.
Egypt commits to boosting private sector role as it loses $7bn in Suez Canal revenue this year
Egypt lost roughly $7 billion in revenues from the Suez Canal, down about 60 per cent annually, mainly as a result of attacks by Yemen's Houthis on ships in the Red Sea, Egyptian President Abdel Fattah El-Sisi said on Thursday. The amount marks a drop of ...
Suez Canal Revenue Dwindles Amidst Regional Challenges
Egyptian President Abdel Fattah al-Sisi announced on Thursday that regional challenges are expected to cost Egypt approximately $7 billion in lost revenues from the Suez Canal in 2024. This represents a more than 60% drop in the canal's revenues compared to the previous year,
Regional challenges cost Egypt around $7bn of Suez Canal revenues in 2024, Sisi says
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.
Suez Canal revenues down over 60 pct in 2024 amid regional challenges: Egyptian president
CAIRO, Dec. 26 (Xinhua) -- Egyptian President Abdel-Fattah al-Sisi said Thursday that the Suez Canal revenues fell more than 60 percent year-on-year in 2024 amid regional challenges, according to a statement by the Egyptian presidency office.
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President El-Sisi Meets Chairman of Suez Canal Authority
This means that Egypt has lost nearly $7 billion in 2024 as a result of ... The meeting also touched on the ongoing ...
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Suez Canal revenues down over 60% in 2024 amid regional challenges: Egyptian president
Egyptian President Abdel-Fattah al-Sisi said Thursday that the Suez Canal revenues fell more than 60 percent year-on-year in 2024 amid regional challenges, according to a statement by the Egyptian ...
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SCZone, Suez Steel sign $120mln deal to develop dry bulk handling at Adabiya Port
Adabiya Port, situated at the southern entrance to the Suez Canal, plays a vital role in connecting Asia and Africa. As one of Egypt’s premier ports for handling dry and liquid bulk goods, it ...
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President El-Sisi Holds Meeting on Development of Suez Canal Projects
President Abdel Fattah El-Sisi met Thursday 26/12/2024 with Governor of Port Said Moheb Habashi, President’s Adviser for ...
Suez Canal Economic Zone Secures $64Bn In Green Hydrogen Investments
The Suez Canal Economic Zone (SCZONE) has attracted $64bn in green hydrogen investments through 12 framework agreements, ...