Egypt News » Suez News Egypt » Suez » Trade: INTERVIEW: Egypt holds a very special place in Malaysia’s trade agenda: MATRADE CEO
Abdul Aziz added that this special place is not only one of the top partners in Africa but also a strategic gateway to the Middle East and the wider African continent. He noted that Egypt offers ...
News Egypt » Suez » Trade: Egypt's Suez advantage, India's Africa ambition: The Modi-Sisi opportunity at BRICS
Prime Minister Narendra Modi will meet Egyptian President Abdel Fattah el-Sisi in New Delhi on Sunday. The meeting comes with an unusually clear economic proposition from Cairo: Egypt wants to become ...
News Egypt » Suez » Trade: Suez Canal recovery is critical to global trade and economic growth: Egyptian minister
“The Red Sea is not really critical only for Egypt’s growth. It’s really critical for the global economy’s growth,” Ahmed Rostom, Egypt’s minister of planning and economic development, told Arab News.
News Egypt » Suez » Trade: Egypt’s Suez Canal Revenue Plummeted by Almost Half in January
Suez Canal traffic dropped precipitously in January, nearly halving Egypt’s revenue from waterway fees as Houthi rebels continue to attack transport vessels. Egypt took in just $428 million last month ...
News Egypt » Suez » Trade: Egypt's revenue from the Suez Canal plunged sharply in 2024
Add Yahoo as a preferred source to see more of our stories on Google. Egyptian dredging ship, Mashhour, sails at the Suez Canal in Ismailia, Egypt, Wednesday, April 16, 2025. (AP Photo/Amr Nabil) ...
News Egypt » Suez » Trade: Egypt sees sharp decline in Suez Canal trade volume amid Red Sea turmoil
Nearly 5 million metric tons (mt) less trade and 150 fewer vessels transited the Suez Canal in January compared to the same time the previous year, according to data aggregated by Al-Monitor, as ...
News Egypt » Suez » Trade: Egypt to build a rail link as an alternative to the blocked Suez Canal
Dubbed the "Suez Canal on Rails", the line connects Red Sea ports directly to Mediterranean export terminals. Once fully operational, it is expected to carry up to 13 million tonnes of freight each ...
News Egypt » Suez » Trade: Egypt’s Suez Canal Offers 15% Discount For Big Container Ships to Win Back Trade
CAIRO, May 13 (Reuters) – Egypt’s Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least 130,000 metric tons, to encourage trade back now the security ...
News Egypt » Suez » Trade: Egypt: Houthi attacks cut Suez Canal revenue by half
The canal is one of the main sources of foreign currency for Egypt which is gripped by a severe financial crisis. Since November, the Iran-backed Houthis have launched numerous attacks on vessels in ...
News Egypt » Suez » Trade: 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 ...