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BREAKING
Information Minister in Pakistani-administered Kashmir: Five civilians killed and at least 29 others injured in shelling across the border with India
Israeli Army Radio's diplomatic correspondent quoted a senior Israeli official as saying: So he [Trump] decided to cut off contact. That might still change, but that’s the situation right now
Israeli Army Radio's diplomatic correspondent quoted a senior Israeli official as saying: Trump’s circle told him [Dermer] that Netanyahu was manipulating him, and there’s nothing Trump hates more than being portrayed as someone being played
Senior Palestinian official to Al Mayadeen: Meetings between the Israelis, Egyptians, and Qataris are all centered around the Israeli proposal, which does not guarantee an end to the war [on Gaza]
Senior Palestinian official to Al Mayadeen: “Israel” is threatening to expand the ground offensive if Hamas rejects the proposal
Senior Palestinian official to Al Mayadeen: Hamas rejects the Israeli proposal, viewing it as failing to guarantee an end to the war
Senior Palestinian official to Al Mayadeen: “Israel” is sticking to its proposal, and insists there is no alternative offer on the table for negotiation
Senior Palestinian official to Al Mayadeen: The meetings between the Israelis and the Egyptians and Qataris all revolve around the Israeli proposal
The administration was clearly looking for an off-ramp for this campaign against Ansar Allah, NBC News reports, citing US official
Trump's operation against Ansar Allah cost more than $1 billion, NBC News reports, citing US official

Egypt's Suez Canal to offer incentives for eco-friendly ships

  • By Al Mayadeen Net
  • Source: Agencies
  • 3 Jan 2022 15:11
2 Min Read

The Canal announced on Sunday that its annual revenues were $6.3 billion last year, the highest in the vital waterway's history.

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  • Egypt's Suez Canal to offer incentives for eco-friendly ships
    20,649 vessels passed through the Suez Canal last year.

Egypt's Suez Canal Authority (SCA) intends to offer financial incentives to ships that adhere to environmentally friendly standards, according to the Egyptian daily El Watan, citing a TV interview with SCA Chairman Osama Rabieh.

The Suez Canal in Egypt announced on Sunday that its annual revenues reached $6.3 billion last year, the highest in the waterway's history. The Suez Canal Authority's Head, Admiral Osama Rabei, said last year's revenues increased 12.8 % to 2020 when the canal earned $5.6 billion.

He stated in a statement that 20,649 vessels passed through the Suez Canal last year, a 10% increase from 18,830 vessels in 2020.

The Suez Canal, which connects the Mediterranean and Red seas, carries about 10% of global trade, including 7% of global oil. The canal, which first opened in 1869, provides Egypt with both national pride and foreign currency. The unprecedented 2021 revenues came as the shipping industry is still reeling from the effects of a two-year coronavirus pandemic.

The canal, one of the world's most important waterways, was closed for six days in March after a massive Panama-flagged container ship, the Ever Given, ran aground in the waterway's single lane.

  • Suez Canal Authority
  • Egypt
  • Suez Canal
  • Suez
  • Suez Canal Authority (SCA)

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Pro-Palestinian protesters march toward the US Immigration and Customs Enforcement (ICE) headquarters, Saturday, April 5, 2025, in Washington (AP)

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Throughout Operation Prosperity Guardian, current and former US military and intelligence officials expressed disquiet at the enormous “cost offset” involved in battling Ansar Allah. (Al Mayadeen English; Illustrated by Zeinab El-Hajj)

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  • 3 May 2025
Pakistan downs an Indian jet and hits a military base in Kashmir escalation.

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