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Tag: Suez Canal revenue drop

Egypt completes trial run of new Suez Canal channel extension

Posted on December 30, 2024 By admin
Egypt completes trial run of new Suez Canal channel extension

A cargo ship is seen crossing through the New Suez Canal, Ismailia, Egypt. File | Photo Credit: Reuters Egypt said on Saturday (December 28, 2024) that it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from the waterway has plunged since Yemen’s Houthi…

Read More “Egypt completes trial run of new Suez Canal channel extension” »

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