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Egypt’s Minister of Foreign Affairs Badr Abdelatty announced during the Rome MED-Mediterranean Dialogues conference on Wednesday, 20 November, that the Suez Canal revenues have fallen by USD 8 billion (EGP 396.78 billion) since Israel’s war on Gaza began. Abdelatty attributed the decline to ongoing geopolitical tensions in the region…
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Egypt Loses $8 Billion in Suez Canal Revenues Amid Regional Tensions
Egypt’s Minister of Foreign Affairs Badr Abdelatty announced during the Rome MED-Mediterranean Dialogues conference on Wednesday, 20 November, that the Suez Canal revenues have fallen by USD 8 billion (EGP 396.78 billion) since Israel’s war on Gaza began. Abdelatty attributed the decline to ongoing geopolitical tensions in the region…