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The flip side of the Red Sea crisis: falling prices in Europe

2024-02-14 00:00

The ongoing crisis in the Red Sea has caused tremendous hardship for Egyptian citrus exporters. Not only has it cut them off from their markets in Asia, but it has also led to a fall in prices in European markets. Kareem Al-Shorbagy, Managing Director of Al-Kareem in Egypt, takes stock of the situation.

"Citrus exports to Asia have been very slow due to the disruption

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