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Economic implications of Russia penetrating into the Red Sea region

Economic implications of Russia penetrating into the Red Sea region

Earlier this month, reports emerged that Sudan and Russia have reached an agreement to establish a naval base on the country's Red Sea coast. Sudan noted that there are "no obstacles" to the deal, reported

Suez Canal Revenues Drop Over 60% Over Regional Challenges

Suez Canal Revenues Drop Over 60% Over Regional Challenges

It reduced their revenues to below $1.3 billion in 2024 for the international route trade facilitation as compared to an average revenue of $3.65 billion they received in 2023 in Egypt they noted because of