<span>Shipping giant Maersk to invest $500 million in Suez Canal</span>

Al-Monitor | Aug 12, 2022 at 6:03 PM
  • The Suez Canal is getting a major investment in one of its ports.
  • Egypt already raised transit fees for the canal in April to offset the economic effects of the war in Ukraine.
  • The global supply chain disruptions resulted from the war have also led to increasing commodity prices and inflation in Egypt, as they have elsewhere in the Middle East.