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الشارقة 24
Gulf Markets' $4 Trillion Cap and Debt Levels
The Suez Canal is experiencing a boost due to the rising costs of alternative shipping routes, as expenses for non-maritime passage routes have increased, prompting some companies to redirect their shipments through the canal. This has contributed to a balanced shipping market and improved performance. The Egyptian stock exchange has suffered losses of nearly $6 billion as investor sentiment declined and liquidity decreased, amid concerns over both local and global economic impacts. Additionally, the ongoing increase in interest rates reflects efforts to tighten monetary policy to combat inflation, while attention is also focused on activating the tools of the U.S. Federal Reserve to manage financial inflation.
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