Regional tensions and Houthi attacks in the Red Sea cause an $8 billion revenue loss for Egypt, compounding economic challenges. Egypt’s economy faces mounting pressure as geopolitical instability in the Middle East continues to weigh on one of its most critical revenue sources—the Suez Canal. Pro-Iranian Houthi militias have launched repeated attacks on merchant vessels … Continue reading Falling Suez Canal Transits Deepen Egypt’s Economic Woes