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Egyptian President Abdel Fattah al-Sisi said Monday that revenues from the Suez Canal had "decreased by 40 to 50 percent" so far this year due to attacks
Egyptian President Abdel Fattah al-Sisi said Monday that revenues from the Suez Canal had “decreased by 40 to 50 percent” so far this year due to attacks on shipping by Yemen’s Huthi rebels. The canal is one of Egypt’s main sources of foreign currency, with Cairo gripped by a severe financial crisis. The Huthi attacks, […]
The post Huthi attacks cut Suez Canal revenue by 40-50%: Egypt’s Sisi appeared first on Insider Paper.
https://insiderpaper.com/huthi-attacks-cut-suez-canal-revenue-by-40-50-egypts-sisi/
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