Egypt's Suez Canal Faces a 40% Drop Amidst Diverted Ship Tra

Egypt's Suez Canal Faces a 40% Drop Amidst Diverted Ship Traffic

Dollar revenues from Egypt's Suez Canal have experienced a significant decline of 40 percent compared to the same period in 2023, according to statements made by canal authority head Osama Rabie during a telephone interview with journalist Khaled Abu Bakr. The decrease in revenue is attributed to attacks on ships by Yemen's Houthis, leading major

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