Egypt's Suez Canal Chief Shares Possible Discounts on Transit Fees

Egypt's Suez Canal chief Osama Rabie said they are considering offering discounts ranging from 12% to 15% on transit fees.

His statement came after revenue from the strategic canal continued to plunge on the back of attacks on shipping by Yemen's Houthis, who say they are trying to shut off cargo bound for Israel in support of Palestinians in Gaza, but are also chasing ships away from the canal.