Sisi: Suez Canal revenues decline between 40% and 50%. Egyptian President Abdel Fattah El-Sisi confirmed on Monday that Suez canal revenues had declined by between 40 and 50% due to disruption of navigation traffic in the Red Sea.

Al- Sisi attributed the reason for this to “crises,” and said, “Egypt faced the repercussions of the Corona virus for two years, then the Ukrainian-Russian crisis, and then what you see on our different borders with Libya and Sudan”