Suez Canal revenues

Three alternatives to compensate for decline in Suez Canal revenues
Business

Three alternatives to compensate for decline in Suez Canal revenues

The Chairman of the Board of Directors of the Commercial International Bank, Hesham Ezz al-Arab, said on Sunday that the…
Suez Canal revenues decline up to 50% due to Red Sea tensions: Sisi at EGYPES 2024
Egypt

Suez Canal revenues decline up to 50% due to Red Sea tensions: Sisi at EGYPES 2024

Egyptian President Abdel Fattah al-Sisi confirmed on Monday that Suez Canal revenues have fallen by between 40-50 percent due to…
Three yacht ports to be established from Suez Canal revenues: Sisi
Business

Three yacht ports to be established from Suez Canal revenues: Sisi

Three yacht ports will be established from the revenues of the Suez Canal, without prejudice to the allocations of the…
Suez Canal records highest monthly revenue in its history
Egypt

Suez Canal records highest monthly revenue in its history

The navigation statistics in the Suez Canal made new records during July , achieving the highest monthly transit rate in…
Egypt expects Suez Canal revenues to rise in 2022
Business

Egypt expects Suez Canal revenues to rise in 2022

Egyptian Finance Minister Mohamed Maait expected that Suez Canal revenues will reach US$7 billion by the end of the current…
Suez Canal Authority says it has made unprecedented records during April
Business

Suez Canal Authority says it has made unprecedented records during April

The head of the Suez Canal Authority, Osama Rabie announced on Sunday that navigation statistics in the canal during April…
Suez Canal made record revenues since the start of 2020: SCA head
Business

Suez Canal made record revenues since the start of 2020: SCA head

The Chairman and Managing Director of the Suez Canal Authority (SCA) Osama Rabie said that traffic in the Suez Canal…
Sisi to open new tunnels under Suez Canal in October
Egypt

Sisi to open new tunnels under Suez Canal in October

President Abdel Fattah al-Sisi will officially open four tunnels beneath the new and old Suez Canals on 6 October, according…
Suez Canal revenues up by 5.1% in a year to August
Egypt

Suez Canal revenues up by 5.1% in a year to August

Head of the General Authority for the Suez Canal Economic Zone (SCZone) Mohab Mamish said Thursday that the global trade…
Egypt Suez Canal revenue rises to $447.6 mln in August
Business

Egypt Suez Canal revenue rises to $447.6 mln in August

Oct 25 Egypt's Suez Canal revenue rose to $447.6 million in August compared with $429 million in July, data from…
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