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Economics Expert Highlights Suez Canal's Role
The economics professor at the Suez Canal University stated that the Suez Canal is a vital artery for hard currency and a major hub for global trade. Its development efforts have helped reduce logistical costs and increase the canal's depth to accommodate larger vessels easily. Additionally, the surrounding area has been developed into a logistics and industrial zone, offering various support services for ships, which enhances its attractiveness for international investment.
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