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conflictLOWEG2026-05-04 14:58 UTC

Egypt incurs $10B in Suez Canal losses over Gaza war, president says

Egypt incurs $10B in Suez Canal losses over Gaza war, president says

Egypt has lost about $10 billion in Suez Canal revenues due to attacks on shipping in the Bab al-Mandab Strait as a result of the Gaza war, Egyptian President Abdel Fattah al-Sisi said Monday, Anadolu Agency reports. Speaking during a meeting in Cairo with Mathias Cormann, Secretary-General of the O

ORIGINAL SOURCE →via MEMO Middle East Monitor
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