Egypt denies agreement with Israeli company for Suez Canal

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Egypt denies agreement with Israeli company for Suez Canal
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Egypt’s Suez Canal Authority debunks reports about contracting an Israeli company to manage its services, reiterating the country's sovereignty over the waterway

The Suez Canal is one of the most important waterways in the world and a main commercial route for shipping goods.

In a statement on Friday, SCA chief Osama Rabie termed reports about contracting a foreign company to run the canal as “completely and utterly untrue”.

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