Egypt News » Suez News Egypt » Suez » Politics: Masked Economics: Great Power Rivalry and the Battle Over the Suez Canal
In the 28th part of his history of Egypt as seen through the pages of Al-Ahram, Dr Yunan Labib Rizq follows the debate on building a second Suez Canal. Economics were simply a mask for Great Power ...
News Egypt » Suez » Politics: Egypt turned the Suez Canal from a symbol of exploitation into a tool for emancipation
The air along the maritime route has long carried a whiff of rebellion. It was an uprising in Ismailia, one of the canal's cities, that led to the founding of the Egyptian Republic in 1952, ending a ...
News Egypt » Suez » Politics: Why Nasser seized the Suez Canal in 1956
In July 1956, Gamal Abdel Nasser nationalized the Suez Canal after Britain and the United States withdrew financing for the Aswan Dam. The move was meant to give Egypt leverage and assert its ...
News Egypt » Suez » Politics: Chinas latest Middle East play makes Egypt a pivot of power
Xi’s Cairo visit tied trade, the Suez, Africa and Gulf stability to Beijing’s bid to build a post-Western regional order Read Full Article at ...
News Egypt » Suez » Politics: Egypt's revenue from the Suez Canal plunged sharply in 2024
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 that have ...
News Egypt » Suez » Politics: Suez Canal Revival Gathers Pace as Hormuz Crisis Reroutes Ships
Suez Canal revenue rose 42% in July from the year earlier, as the Iran war’s effective closure of the Strait of Hormuz and Houthi threats in the southern Red Sea led more ships to use the Egyptian ...
News Egypt » Suez » Politics: Sino-Egyptian ties marked by mutual trust, shared interests
Conversely, Egypt views China as a stabilizing force in its region and a key partner in its efforts to modernize and diversify its economy. As the United States' role in the Middle East becomes less ...
News Egypt » Suez » Politics: The Strategic Calculus of Xi Jinping’s Egypt Visit
The Strait of Hormuz is important for China crude and LNG exports, but equally important is the Suez Canal, which acts as the bridge to connect China to its largest export market, Europe. Egypt ...
News Egypt » Suez » Politics: Egypt Cautiously Optimistic Suez Canal Traffic Will Revive, Minister Says
Egypt is “cautiously optimistic” a ceasefire between Israel and Hamas will eventually translate into a recovery in Suez Canal revenue, which fell at least 60% due to the war, the country’s minister ...