In this sense, did the twenty-first century really begin in 1956? On July 26 of that year, Egypt nationalized the Suez Canal Company and unilaterally assumed control of the canal, displacing the ...

CAIRO, Jan 21 (Reuters) - 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 ...

It comes as Egypt revealed its revenue from the waterway has plunged amid Houthi militants' attacks on vessels in the Red Sea. The Suez Canal Authority said two ships navigated through the new ...

Suez Canal transit revenues also declined sharply by 61.2 percent to $931.2 million in Q1 FY 2024/2025, down from $2.4 billion during the same period last year. In 2024, Egypt's Suez Canal ...

This stood at about $7 bln, in the outgoing year CAIRO, December 27. /TASS/. Egypt lost more than 60% of Suez Canal revenues, which stood at about $7 bln, in the outgoing year, Chairman and ...