Egypt's Suez Canal Revenue Plummets
This is a Egypt news story, published by ABC News, that relates primarily to the Suez Canal news.
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Suez CanalABC News
•World
World
Egypt's revenue from the Suez Canal plunged sharply in 2024

86% Informative
Egypt 's revenue from the Suez Canal plunged by almost two thirds last year .
The canal generated an annual revenue of $3.991 billion in 2024 , down from a historic high of $10.25 billion in 2023 .
Yemen ’s Iran -backed Houthi rebels started to threaten maritime trade and targeting vessels heading to Israel through the canal.
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