Browsing: Egypt

UNITED NATIONS: The volume of commercial traffic passing through the Suez Canal has fallen more than 40 percent in the last two months after attacks by Yemen’s Houthi rebels, according to the United Nations, raising concerns for global trade.

The number of bookings made by Russians for the popular Egyptian tourist destinations of Cairo and Sharm el-Sheikh in January has seen a year-on-year decline of 14%, Russian business daily Kommersant reported earlier this week, citing calculations by travel website Ostrovok.ru.