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

The Suez Canal Authority, which runs the waterway, said the canal generated an annual revenue of $3.991 billion in 2024, down ...

Attacks by the Iran-backed Houthi rebels have continued to significantly impact commercial shipping through the Suez Canal.

Despite becoming the mouthpiece for the Trump administration’s unprecedented hostility towards their European allies, ...

Rerouting History: From Suez to the Arctic Once upon a time, if you were mapping global trade, your pen would glide through the Middle East and North Africa. Cairo. Haifa. Dubai. Aden. The Suez Canal ...

The geopolitical importance of Cyprus has been both a blessing and a curse, sparking centuries of conflict over control of ...

The Inuit on Little Diomede are watched over by Russian soldiers. But that’s not their biggest problem in these icy badlands ...

Lesseps , designer of the Suez Canal in Egypt. After the French effort failed ... One week of shipping on the Panama Canal. Source: Maps using World Economic Forum data. The canal project was designed ...

World powers have recognized the island’s strategic location for hundreds of years, especially with the opening of the Suez Canal linking the Mediterranean and Red Seas. The work on Mayun ...

Most commercial ship traffic is still being redirected to the long way around southern Africa and away from the Red Sea and the Suez Canal, underscoring the stakes for U.S. credibility as a ...

Most of Greenland lies within the Arctic Circle, a region that the world’s powers are vying for ... shorter through the Arctic than either the Suez or Panama Canals, according to the U.S ...

A United Nations report ranked Egypt first in Africa for tourism revenues in 2024 at $14.1bn (£11bn), more than twice what it earns in Suez Canal revenues, highlighting tourism's vital role in ...