_1777352142843_145525226.png&w=64&q=75){kind=small}
President Sisi cites $20B Suez loss
President Abdel Fattah El-Sisi announced that Egypt has lost around $20 billion in revenues from the Suez Canal in recent years due to instability in the region. The country has also faced economic shocks since 2020 resulting from the COVID-19 pandemic, the Russian-Ukrainian war, and the conflict in Gaza. Sisi emphasized the importance of resolving the Palestinian issue through a two-state solution to achieve stability. He also highlighted the need to support the security and stability of Gulf countries and to maintain freedom of maritime navigation in accordance with international law.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)