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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 ...
In his review of “The Determined Spy,” Philip Terzian refers to the “newly nationalized Suez Canal” (Spring Books, April 5). Strictly speaking, Egypt’s Gamal Abdel Nasser nationalized ...
The canal is a major source of foreign currency for the Egyptian government, with about 10% of world trade flowing through the waterway in recent years. The Suez Canal Authority, which runs the ...
CAIRO (AP) — Egypt's revenue from the Suez Canal plunged by almost two thirds last year, officials said Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East ...
CAIRO (AP) — Egypt’s revenue from the Suez Canal plunged by almost two thirds last year, officials said Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East ...