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Egypt
Cairo alarmed by plummeting Suez revenue

Reading time 2 min

A container ship in the Suez Canal on 13 January 2024.
A container ship in the Suez Canal on 13 January 2024. © Ahmed Gomaa/Xinhua News Agency/Newscom/MaxPPP

The Egyptian economy has been hit hard by the attacks on container ships in the Red Sea and Cairo is struggling to reduce the impact.

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