Drop in Suez Canal Income Raises Pressure for Increase in Transit Tolls
The drop in income from the Suez Canal, coupled with similar decreases in oil revenues and the remittances of Egyptians working abroad, means that Suez Canal Authority (SCA) Chairman Muhammad 'Adil 'Izzat is coming under pressure to increase the canal's transit tolls steeply, according to Lloyd's List of 19 August. However, the London daily went on to say that Eng.'Izzat told it that too...
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