Regional challenges cost Egypt around $7 billion of Suez Canal revenues in 2024, Sisi says
Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian President Abdel Fattah al-Sisi said on Thursday. Egypt lost more than 60% of the canal's revenues in 2024 compared with 2023,
Sisi follows up on Suez Canal measures to address impact of Red Sea incidents
President Abdel Fattah El-Sisi was briefed about the measures taken by the Suez Canal Authority (SCA) to address the challenges arising from the situation in the Red Sea and Bab Al-Mandab Strait as he met with SCA’s Chairman Osama Rabie on Thursday.
Red Sea Disruptions Cost Egypt $7 Billion in Suez Revenues
Red Sea disruptions — a consequence of Houthi maritime attacks — have cost Egypt at least $7 billion in Suez Canal revenue this year, the country’s presidency said in a statement Thursday.
Regional challenges cost Egypt around $7 bln of Suez Canal revenues in 2024, Sisi says
Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian President Abdel Fattah al-Sisi said on Thursday.
Egypt commits to boosting private sector role as it loses $7bn in Suez Canal revenue this year
Egypt lost roughly $7 billion in revenues from the Suez Canal, down about 60 per cent annually, mainly as a result of attacks by Yemen's Houthis on ships in the Red Sea, Egyptian President Abdel Fattah El-Sisi said on Thursday.
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Why Is Shineco Inc (SISI) Stock Lagging Behind -21.06% from Its 50-Day SMA?
On Tuesday, Shineco Inc (SISI) stock saw a modest uptick, ending the day at $2.28 which represents a slight increase of $0.05 or 2.24% from the prior close of $2.23. The stock opened at $2.26 and ...
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Egypt: Sisi fears a popular uprising after the fall of Assad in Syria
Amid an economic downturn and growing hardships for many Egyptians, Sisi has opted for a strategy reliant on fear - ...
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‘I Need President Al-Sisi to Intervene’: Ex-Wife of Serial Killer Appeals for Son’s Return
From the instant the news of New Cairo’s serial killer, Karim Salim, 37, broke in Egypt earlier this year, his ex-wife, Lobna ...
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El-Sisi pardons 54 prisoners from Sinai
Fattah El-Sisi issued Tuesday a presidential pardon for 54 prisoners from Sinai, the Egyptian presidency announced.
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Egypt: After Assad's fall, Sisi warns of ‘chaos and destruction’ in propaganda video
Egyptian police have detained Syrians celebrating the end of Assad's rule and imposed visa restrictions on Syrians seeking to ...
Al-Sisi Urges Continued Efforts To Modernize Egypt's Education System
Egyptian President Abdel Fattah Al-Sisi has emphasized the importance of ongoing reforms to modernize the country's ...
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Turkey’s Erdogan in Egypt, holds first meeting with Sisi after Assad's fall
The Turkish and Egyptian leaders focused on Syrian reconstruction, humanitarian aid to Gaza and strengthening bilateral ...
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President El-Sisi Meets Chairman of Suez Canal Authority
President Abdel Fattah El-Sisi met with the Chairman and Managing Director of the Suez Canal Authority, Admiral Ossama ...
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El-Sisi offers condolences to Azerbaijani president following tragic plane crash
President Abdel-Fattah El-Sisi sent a message on Wednesday to Azerbaijani President Ilham Aliyev expressing his deep ...