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Competition tarnishes luster of Egyptian jewel
CAIRO, Egypt Responding to market pressures with better service and lower prices, a once complacent Egyptian bureaucracy is again making big money from the Suez Canal. Each day, about 70 ships navigate the 200-kilometer strip of water running from the Mediterranean Sea through the parched sands of the Sinai Peninsula to the Red Sea -- trips that earn Egypt about $2 billion per year
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