Suez canal
Suez Canal hits highest ever annual revenue, oil sector records surplus of $5 bln: minister
Business
October 12, 2022
Suez Canal hits highest ever annual revenue, oil sector records surplus of $5 bln: minister
The Suez Canal achieved the highest return of about US$7 billion in the fiscal year 2021/2022, and the oil sector…
Three yacht ports to be established from Suez Canal revenues: Sisi
Business
September 8, 2022
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 Authority re-floats stranded ship in Suez Canal
Egypt
September 1, 2022
Suez Canal Authority re-floats stranded ship in Suez Canal
The Suez Canal Authority issued a statement after re-floating a stranded huge ship in the canal’s shipping lane on Wednesday…
Remittances from expats rise 1.6% to $31.9 bln in 2022: CBE
Business
August 23, 2022
Remittances from expats rise 1.6% to $31.9 bln in 2022: CBE
Remittances from Egyptian expatriates increased during the fiscal year 2021/2022 at a rate of 1.6 percent, recording about US$31.9 billion,…
Suez Canal records highest monthly revenue in its history
Egypt
August 2, 2022
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…
Osama Rabie: Suez Canal achieves the highest annual revenue in its history
Egypt
July 4, 2022
Osama Rabie: Suez Canal achieves the highest annual revenue in its history
Head of the Suez Canal Authority Osama Rabie announced, on Monday, that the navigation statistics in the canal during…
World’s largest container ship crosses Suez Canal
Egypt
July 1, 2022
World’s largest container ship crosses Suez Canal
On Thursday, the latest and largest container ship in the world, EVER ART crossed the new Suez Canal as part…
Egypt govt denies assigning Suez Canal’s management to private sector
Egypt
June 14, 2022
Egypt govt denies assigning Suez Canal’s management to private sector
The Egyptian Cabinet responded to rumors spread online regarding the assignment of management for the Suez Canal’s shipping lane to…
Egypt expects Suez Canal revenues to rise in 2022
Business
May 25, 2022
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 has right to raise fees: Suez Canal Authority head
Egypt
May 12, 2022
Suez Canal has right to raise fees: Suez Canal Authority head
The International Chamber of Shipping confirmed that the Suez Canal has the right to increase fees after it was presented…