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    How has the Suez Canal changed in 2024?
    Revenues from Egypt's Suez Canal have fallen by 60%, and ship traffic has decreased by 49% since the start of 2024, according to Suez Canal Authority Chairman Osama Rabie. What is New Zealand's average salary, and how does it compare globally? What is skin cycling and how can you do it? What decade of air travel do YOU think was the best?

    Revenues of Egypt's Suez Canal down 60% since beginning of 2024

    msn.com
    How did the Suez Canal affect Egypt's economy?
    A critical blow to Egypt’s economy came from the steep decline in Suez Canal revenues, which dropped to $6.6 billion from $8.8 billion, a 25% year-over-year decrease. The disruption was especially pronounced in the latter half of the fiscal year when canal revenues plummeted by 61.7% to $1.8 billion.

    Egypt’s current account deficit soars amid Suez Canal revenue decline

    msn.com
    Why is Egypt's economic landscape deteriorating?
    The stark rise stems from worsening trade imbalances and a sharp decline in Suez Canal revenue, further straining Egypt’s economic landscape.

    Egypt’s current account deficit soars amid Suez Canal revenue decline

    msn.com
    Why did Egypt see a surge in FDI inflows?
    Despite the decline in canal revenues, Egypt saw a significant boost in foreign direct investment (FDI) inflows, which surged to $46.1 billion from $10 billion in the previous year. This influx of foreign capital reflects continued investor confidence in Egypt’s potential, particularly in sectors like energy, infrastructure, and technology.

    Egypt’s current account deficit soars amid Suez Canal revenue decline

    msn.com
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  3. Reuters
    https://www.reuters.com/world/africa/suez-canal...

    Suez Canal diversions pile pressure on Egypt's distressed economy

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    • Aljazeera
      https://www.aljazeera.com/news/2024/10/8/how-did...

      How did Egypt and Israel’s economies do in a year of Houthi …

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      Suez Egypt
      Suez Canal
    • BBC
      https://www.bbc.com/news/world-middle-east-56505413

      Egypt's Suez Canal blocked by huge container ship - BBC

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      A Ship Blocked The Canal
      Suez Canal Ship Stuck
      Suez Canal Blocked
    • Events of egypt suez canal news
    • BBC
      https://www.bbc.com/news/world-middle-east-57746424

      Ever Given: Ship that blocked Suez Canal sets sail after deal signed …

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      Suez Egypt
      Suez Crisis
      Suez Canal Ship Stuck
      A Ship Blocked The Canal
    • Reuters
      https://www.reuters.com/world/ship-groun…

      Suez traffic returns to normal after ship briefly stranded

      WEBMay 25, 2023 · A 190-metre-long ship run aground in the Suez Canal in Egypt on Thursday, reviving concerns about a disruption to global trade in one of the world’s busiest shipping lanes. Approximately 12% of...

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      Suez Canal
    • AP News
      https://apnews.com/article/suez-canal-s…

      Suez Canal reopens after stuck cargo ship is freed | AP …

      WEBIn this photo released by Suez Canal Authority, the Ever Given, a Panama-flagged cargo ship is accompanied by Suez Canal tugboats as it moves in the Suez Canal, Egypt, Monday, March 29, 2021. Salvage teams on …

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      Suez Crisis
      Suez Canal Ship Stuck
      Ship Ever Given Suez Canal
    • BBC
      https://www.bbc.com/news/world-middl…

      Suez Canal: Ships stuck in 'traffic jam' as salvage efforts …

      WEBMar 26, 2021 · The blockage of Egypt's Suez canal by a giant container ship is causing a "traffic jam" in the Red Sea, according to a merchant seaman on a nearby ship.

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      Suez Egypt
      Suez Crisis
      Suez Canal Blocked
      Ship Still Blocking Suez Canal
    • France 24
      https://www.france24.com/en/live-new…

      Huthi attacks idle Suez Canal, deepen Egypt's …

      WEBJan 10, 2024 · Attacks by Yemen's Huthi rebels in the Red Sea have caused shipping companies to avoid the Suez Canal -- a key source of revenue for Egypt as it battles a deep economic crisis.

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      Suez Crisis
      Suez Canal Red Sea
    • AP News
      https://apnews.com/article/cargo-ship-bl…

      Massive cargo ship becomes wedged, blocks Egypt’s …

      WEBMar 24, 2021 · ISMAILIA, Egypt (AP) — A skyscraper-sized container ship has become wedged across Egypt's Suez Canal and blocked all traffic in the vital waterway, officials said Wednesday, threatening to disrupt a …

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      Suez Egypt
      A Ship Blocked The Canal
      Suez Canal Blocked
    • AP News
      https://apnews.com/article/africa-middle-east...

      Egypt plans Suez Canal expansion after vessel was grounded

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      Suez Egypt
      Suez Canal