Egypt’s Sisi says regional challenges cost Egypt around $7 bln of Suez Canal revenues in 2024

CAIRO, Dec 26 (Reuters) – Egyptian President Abdel Fattah al-Sisi said on Thursday that regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024.

Egypt lost more than 60% of the canal’s revenues in 2024 compared with 2023, Sisi added in his statement. (Reporting by Mohamed Hendawy; Editing by Andrew Heavens)

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