Suez Canal Logs 7.4% Revenue Decline in First 9 Months...
International News
July 16, 2024
The Suez Canal recorded a 7.4 percent decline in revenue during the first nine months of the fiscal year 2023/2024. Economic Expert Mohamed Abdel Hady and Mohamed Ibrahim, Dean of the Faculty of Transport and Logistics at the Arab Academy for Maritime Transport, highlight the impact of global trade disruptions and changing maritime routes on the canal's performance.