Tag Archives: Air cargo between Middle East and Europe

Suez Canal monthly losses reach $550m

Muhamad Yehia Egyptian prime minister Mostafa Madbouly has said the Suez Canal is reporting losses of up to $550 million per month due to ongoing regional tensions. In January Suez Canal Authority chairman Osama Rabie said dollar revenues from the Suez Canal were down 40 percent since the start of the year …

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