Suez Canal
- Business
Egypt’s Suez Canal Revenues Drop by 40-50% Due to Regional Tensions
In a statement during the 2024 Egypt International Exhibition Center Conference in Cairo, President Abdulfettah es-Sisi disclosed that Egypt’s earnings…
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Turkiye, Djibouti agree to enhance cooperation
Countries sign deals in 15 fields, including agriculture, tourism, environment, fisheries, and standardization Türkiye and the East African country of…
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Turkiye: Electronic goods prices rising amid tensions in Red Sea
Problems in the Red Sea are estimated to cost an additional $2 billion to Türkiye as personnel costs and prices…
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Turkish KSG to build $500 million synthetic fibers factory in Egypt
The factory is expected to cut Egypt’s annual yarn imports bill by nearly $1bln, the source noted Turkish textile manufacturer…
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Turkiye, UAE discuss joint rail project for Istanbul bridge
The United Arab Emirates (UAE) and Türkiye are in talks over the construction of a railway line that will pass…
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152-year-old Suez Canal maintains its significance
Providing shortest maritime route between Europe and Pacific ocean, canal hosts around 18,000 ships annually The 152-year-old Suez Canal, assuming…
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Istanbul will become an important trade city with Kanal Istanbul: Transport Minister
Minister Karaismailoglu stated that Kanal Istanbul will make Istanbul the focus city of world trade and that they will start…
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Advantages of Istanbul Canal Project
Adil Karaismailoglu, Minister of Transport and Infrastructure, drew attention to the importance of the Middle Corridor, the trade route connecting…
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Turkey key to ‘Middle Corridor’ trade route: Expert
Suez Canal blockage emphasized need for alternative trade routes, says international economic security expert Turkey, with its strategic location, has…
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