Officials say Egypt’s revenue from the Suez Canal plunged by almost two thirds last year, attributing the sharp drop to ...

The Suez Canal was closed twice. Once when Israel/UK/France attacked Egypt in 1956, & a 2nd time when Israel attacked Egypt and neighbors in 1967. Evergreen was HRC’s code name. Evergreen is ...

Attacks by the Iran-backed Houthi rebels have continued to significantly impact commercial shipping through the Suez Canal.

The Suez Canal Authority, which runs the waterway, said the canal generated an annual revenue of $3.991 billion in 2024, down from a historic high of $10.25 billion in 2023, according to a ...