Tag: Suez Canal
World
Bloomberg: Saudi Arabia and Iraq supply large volumes of oil through Egypt to Europe
Bloomberg reported that Saudi Arabia and Iraq are working to divert more and more of their crude oil to Europe in an attempt to...
Economy
Suez Canal revenue jumped 20.7% in the last fiscal year.
The Suez Canal Authority announced that its revenues for the latest fiscal year ending last June increased by 20.7 percent to $7 billion.
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World
Haaretz: Israel believes that any damage to its gas installations will be considered a declaration of war
The Israeli newspaper Ha'aretz pointed out in an article that "Lebanese President Michel Aoun and Prime Minister Najib Mikati yesterday accused Israel of violating...
World
Head of Suez Canal Administration: Russian military operation in Ukraine has both positive and negative consequences for the canal
The head of the administration of the Suez Canal, Osama Rabie, pointed out that "the Russian military operation in Ukraine has both positive and...