connecting the Red Sea to the Mediterranean Sea. This 160-mile (257 km) canal would cut through the Negev Desert and the southern end of the Gulf of Aqaba, providing an alternative to the Suez ...

A leading shipping firm says it doesn't see routes through Suez Canal resuming until 2025 because of the ongoing threat of Red Sea attacks. A.P. Moller-Maersk CEO Vincent Clerc told journalists ...

The canal is a major source of hard currency for Egypt. The Red Sea is linked to the Mediterranean by the Egyptian Suez Canal, creating the shortest shipping route between Europe and Asia.

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 ...

While government-run, it is administratively separate from the canal. Attacks on Red Sea shipping by Houthis has diverted traffic from the Suez Canal, causing revenue to fall by nearly $3bn in ...