Osama Rabie
Suez Canal revenue collapse: Egypt suffers major blow in 2024
Officials announced Wednesday that Egypt’s Suez Canal revenue plunged by nearly two-thirds in 2024, citing escalating regional tensions and ongoing Middle East conflicts as the primary causes of the sharp decline in maritime traffic through the vital waterway. The Suez Canal, a key artery for international trade, has long been a critical source of foreign…
