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#mohab mamish

For the third consecutive month, revenues from Egypt’s Suez Canal declined, reaching USD 401.4 million, Egyptian state media reports, citing new data released by the Suez Canal Authority. The new figures showed that the revenues in January and December were USD 411.8 million and USD 429 million, respectively, meaning that the last three months have seen revenues fall by a total of USD 27.6 million. The drop in earnings comes against the backdrop of claims that ships are shifting their…