“Amid a global recession, Egypt is grappling with shortages of foreign exchange reserves caused by the impact on the Suez Canal, which serves as one of Egypt’s main sources of foreign currency. As the most crucial waterway globally, any disruptions in the canal will significantly impact Egypt’s foreign currency earnings”, he said.
https://www.bbc.co.uk/news/business-67827444?at_medium=RSS&at_campaign=KARANGA,
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