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Egypt to raise fees for using Suez CanalEgypt will raise the fees paid by ships passing through the Suez Canal on Wednesday in an effort to boost revenue as the economy struggles to head off a currency crisis. The strategic waterway is one of the main sources of foreign More… |
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Suez Canal revenue drops 7.4pc in FebRevenue from Egypt's Suez Canal fell to $375.3 million in February, down 7.4 per cent on the previous month and down 1.6 percent compared to a year earlier, the state information portal said late on Thursday. Revenue in Januar More… |
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Egypt protesters torch buildings, target Suez CanalEgyptian protesters torched buildings in Cairo and tried unsuccessfully to disrupt international shipping on the Suez Canal, as a court ruling on a deadly soccer riot stoked rage in a country beset by worsening security. More… |
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Protesters torch buildings after Egypt rulingEgyptian protesters torched buildings in Cairo and tried unsuccessfully to disrupt international shipping on the Suez Canal, as a court ruling on a deadly soccer riot stoked rage in a country beset by worsening security. More… |
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Protesters target Suez after soccer riot verdictEgyptian protesters tried to disrupt shipping on the Suez Canal, an artery for global trade, after a court confirmed death sentences for 21 soccer fans from the canal city of Port Said on Saturday. However, canal authorities said More… |
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Egypt police, protesters clash again in Port SaidEgyptian security forces battled stone-throwing youths in the Suez Canal city of Port Said on Tuesday while in Cairo even police staged a protest, reflecting a country beset by discontent over a host of grievances. More… |
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Suez rate hike risks choice of alternate routeThe decision by Egypt's Suez Canal Authority (SCA) to raise toll fees could force ship owners, already battling a deep slump in their sector, to re-route vessels around the Cape of Good Hope, a major industry association said. More… |
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Suez Canal to raise fees from MayEgypt's Suez Canal Authority said on Thursday it was raising fees on shipping through the waterway by between 2 and 5 percent starting on May 1, boosting revenues for the cash-strapped governm More… |
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Egypt state could collapse warns army chiefThe head of the Egyptian military said political conflict in the country could lead to the collapse of the state and protecting the Suez Canal was one of the main objectives of an army deployment More… |
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Suez Canal revenue rises to $424m in DecRevenue from Egypt's Suez Canal - widely viewed as a barometer of world trade - rose 4 percent to $424.6 million in December compared to the previous month, the state information portal said on Thursday. More… |
