Sourcing Journal on MSN4d
Red Sea Crisis Costs Egypt $7 Billion in 2024 as Suez Revenues Sink
The office did not provide total figures, or tonnage numbers. Admiral Ossama Rabiee, the chairman and managing director of ...
International Monetary Fund9y
Northwest of Suez: The 1956 Crisis and the IMF
Abstract: Egypt's nationalization of the Suez Canal in 1956 and the failed attempt by France, Israel, and the United Kingdom to retake it by force constituted a serious political crisis with ...
Yahoo8d
Red Sea Disruptions Cost Egypt $7 Billion in Suez Revenues
(Bloomberg) -- 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 ...
Business Insider13y
A Deep Look At Oil Tankers And The Suez Canal In The Wake Of The Egyptian Crisis
of some of the underlying causes of the current Egyptian crisis is cogent ... “While Suez closure is not much of a threat, shippers are refusing to load in the Red Sea and transit the Canal ...
TASS10mon
Suez Canal revenues down nearly 50% due to crisis in Red Sea — Egyptian president
TASS/. The Suez Canal’s revenues dropped by at least 40-50% amid the recent developments in the Red Sea, President of Egypt Abdel Fattah al-Sisi said. "The situation in the Gaza Strip and events ...
Yahoo News7d
Red Sea Crisis Costs Egypt $7 Billion in 2024 as Suez Revenues Sink
The yearlong attacks on commercial ships in the Red Sea are continuing to take their financial toll on the Suez Canal and the Egyptian economy. According to a statement from Egypt’s presidential ...