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Opened in 1869, the Suez Canal provides a crucial link for oil, natural gas and cargo. It also remains one of Egypt’s top foreign currency earners.
Epic History on MSN2d
The Suez Crisis - When the World Stood on Edge
In 1956, the Suez Canal became the flashpoint for a global crisis. Egypt’s President Nasser defied Britain and France, ...
A couple of tankers, flagged by Singapore and the Cayman Islands, have collided in Egypt’s Suez Canal, a waterway vital to global trade. Authorities are working to remove the vessels.
Opened in 1869, the Suez Canal provides a crucial link for oil, natural gas and cargo. It also remains one of Egypt’s top foreign currency earners.
According to the Suez Canal Authority, last year 23,851 vessels passed through the waterway, compared to 20,649 vessels in 2021. Revenue from the canal in 2022 reached $8 billion, the highest in ...
The Suez Canal Authority, which runs the waterway, said the canal generated an annual revenue of $4 billion (€3.5bn) in 2024, down from a historic high of $10.3bn (€9.1bn) in 2023, according ...
Egypt's Suez canal authority said on Sunday it was closely monitoring the impact of tensions in the Red Sea after recent attacks by Yemen's Houthis on vessels in the southern part of the basin.
CAIRO — Two tankers carrying oil products and liquefied natural gas collided in the Suez Canal, briefly disrupting traffic through the global waterway, Egyptian authorities said Aug. 23.
Egypt inks $1B tyre plant deal with China's Sailun Group to build automotive factory in Suez Canal Economic Zone with 10 ...
According to the Suez Canal Authority, last year 23,851 vessels passed through the waterway, compared to 20,649 vessels in 2021. Revenue from the canal in 2022 reached $8 billion, the highest in ...
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