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

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Egypt’s Suez Canal revenue fell nearly two-thirds in 2024 due to rising regional tensions and conflicts that disrupted vital maritime traffic.

and it will open after new navigational maps are issued. In 2015, Egypt undertook an $8-billion expansion to the waterway, followed by several smaller development projects. The Suez Canal has long ...