Red Sea Disruptions Cost Egypt $7 Billion in Suez Revenues
Red Sea disruptions — a consequence of Houthi maritime attacks — have cost Egypt at least $7 billion in Suez Canal revenue this year, the country’s presidency said in a statement Thursday.
Year in Review: Listen to The Country online - Christopher Luxon’s pay packet and 36-point action plan
The Prime Minister ponders his pay packet, compared to our leading chief executives. Plus, we look at his latest 36-point ...
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Egypt commits to boosting private sector role as it loses $7bn in Suez Canal revenue this year
Egypt lost roughly $7 billion in revenues from the Suez Canal, down about 60 per cent annually, mainly as a result of attacks ...