Last week, President Abdel-Fattah El-Sisi revealed that Egypt loses approximately $800 million monthly due to the ongoing regional tensions. The Suez Canal is a key source of foreign currency for ...

C AIRO (Reuters) - Egypt's President Abdel Fattah al-Sisi said on Monday that the monthly losses of the Suez Canal revenues reached around $800 million due to the regional "situation", as Yemen's ...

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 ...

El-Sisi's remarks came during the inauguration of the seventh edition of Egypt Energy Show (EGYPES ... During the 2022/2023 fiscal year, Suez Canal revenues hit a record-breaking $9.4 billion.

“The state incurs monthly losses of about $800 million from Suez Canal revenues due to the region’s situation.” Yet he pointed to “positive indicators” in Egypt’s economy, including ...

Egypt's President Abdel Fattah al-Sisi said on Monday that the monthly losses of the Suez Canal revenues reached around $800 million due to the regional "situation", as Yemen's Houthis have been ...