
Suez Canal revenues plunge by 60 percent as Egypt faces economic and political turmoil
Suez Canal revenues plunge by 60 percent as Egypt faces economic and political turmoil The drop of over $7 billion
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Suez Canal revenues plunge by 60 percent as Egypt faces economic and political turmoil The drop of over $7 billion

International Monetary Fund (IMF) Mission Chief for Egypt Ivanna Vladkova Hollar said that the Ras al-Hikma deal, which is worth $35 billion, will reduce the pressure on the balance of payment but if it were used prudently. She told a new conference on Monday that the expectation for what is a prudent use of the …
The post IMF official says Ras al-Hikma deal recognizes the potential of Egypt’s economy to generate additional tourism revenues appeared first on Egypt Independent.

Egypt: Suez Canal revenues plunge by almost half following Red Sea attacks Attacks by the Houthis in support of Gaza

Egypt’s credit outlook revised to ‘negative’, as Red Sea attacks hit Suez Canal revenues Rating’s agency Moody’s cuts credit outlook