The Alternative Suez Canal: How Egypt Powers Mass Global Communication

Undoubtedly, the Suez Canal is one of the world's most important maritime chokepoints. Around 30 percent of total global container trade passes through the Canal, while each year, more than USD one trillion worth of goods pass through the narrow stretch of water connecting Asia and Europe. For Egypt, the Canal provides a vital source of foreign currency. According to the Suez Canal Authority (SCA), the waterway generated USD 40 billion in revenue from 2019 to 2024. For the 2025/2026 financial year, the SCA recently announced that revenues increased by 23 percent in relation to the previous year, despite significant regional disruption. Yet the Suez Canal is not just a maritime chokepoint. It is also a vital chokepoint of international communications, linking multiple continents via a congested highway of undersea telecommunication cables. It is these cables that provide Egypt with an invaluable opportunity to both enhance global communications, while expanding its economy. Buried beneath the world's oceans, this network of undersea cables connects every continent except Antarctica, enabling individuals, businesses, and governments to communicate with each other. These cables are vital. According to the UN's International Telecommunication Union, as theContinue reading "The Alternative Suez Canal: How Egypt Powers Mass Global Communication" The post The Alternative Suez Canal: How Egypt Powers Mass Global Communication first appeared on Egyptian Streets.

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WIRE — Undoubtedly, the Suez Canal is one of the world's most important maritime chokepoints. Around 30 percent of total global container trade passes through the Canal, while each year, more than USD one trillion worth of goods pass through the narrow stretch of water connecting Asia and Europe. For Egypt, the Canal provides a vital source of foreign currency. According to the Suez Canal Authority (SCA), the waterway generated USD 40 billion in revenue from 2019 to 2024. For the 2025/2026 financial year, the SCA recently announced that revenues increased by 23 percent in relation to the previous year, despite significant regional disruption. Yet the Suez Canal is not just a maritime chokepoint. It is also a vital chokepoint of international communications, linking multiple continents via a congested highway of undersea telecommunication cables. It is these cables that provide Egypt with an invaluable opportunity to both enhance global communications, while expanding its economy. Buried beneath the world's oceans, this network of undersea cables connects every continent except Antarctica, enabling individuals, businesses, and governments to communicate with each other. These cables are vital. According to the UN's International Telecommunication Union, as theContinue reading "The Alternative Suez Canal: How Egypt Powers Mass Global Communication" The post The Alternative Suez Canal: How Egypt Powers Mass Global Communication first appeared on Egyptian Streets.

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