The North African country is “paying the price” for the events, which have disrupted trade through the Suez Canal, President Abdel Fattah al-Sisi has said Egypt has lost more than $9 billion in direct revenues from the Suez Canal over the past two years due to regional instability and Israel’s war in Gaza, President Abdel Fattah al-Sisi said on Wednesday. The Suez Canal, a crucial maritime route for around 12% of global trade, faced major disruptions in late 2023, when Yemen-based Houthi rebels