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" Suez Canal revenues"

74 results

Business - Economy
1/7/2024 6:52:01 PM
Egypt’s Suez Canal revenues jumped by around 19.4 percent to $2.4 billion in the third quarter of 2023 (July-September) compared to $2 billion in the corresponding quarter in 2022, according to data released by the Central Bank of Egypt (CBE).

Business - Economy
10/4/2023 10:20:49 PM
Egypt turned a $10.5 billion deficit in its Balance of Payment (BoP) in FY2021/2022 to a surplus of $882 million in FY2022/2023, catapulted by record revenues from tourism and the Suez Canal.

Business - Economy
9/14/2023 1:24:52 PM
Egypt's Suez Canal Economic Zone (SCZone) revenues hit a record high of EGP 6.065 billion in FY2022/2023, which ended in June, the SCZone said in a statement on Thursday.

Al-Ahram Weekly - Egypt
8/9/2023 9:05:00 PM
On the eighth anniversary of the opening of the New Suez Canal, the international waterway is realising record earnings.

Egypt - Urban & Transport
4/11/2023 10:52:35 PM
Suez Canal revenues hit a record $2.3 billion in Q1 of 2023, according to figures released by the Suez Canal Authority (SCA) on Tuesday.

Business - Economy
2/3/2023 11:27:00 AM
Egypt’s balance of payments (BOP) witnessed an improvement in the first quarter of FY2022/2023 (July-September), as the current account deficit has narrowed by 20.2 percent to post $3.2 billion compared to $4 billion in the same period of the preceding fiscal year, the Central Bank of Egypt (CBE) announced on Thursday.

Egypt - Urban & Transport
1/25/2023 4:35:47 PM
Egypt’s Suez Canal revenues hit a record of $8 billion in 2022, up from $6.3 billion in 2021, the Suez Canal Authority (SCA) said on Wednesday.

Business - Economy
5/22/2022 12:12:24 PM
Egypt expects the Suez Canal’s revenues to reach about $7 billion by the end of the current FY 2021/2022 — ends on 30 June — up from $5.5 billion last year, Minister of Finance Mohamed Maait said on Saturday.

Business - Economy
8/29/2021 5:26:16 PM
El-Said noted that the ministry’s target is to increase the revenues of the Suez Canal by developing the economic zone and turning it into a high-tech industrial and logistical zone, making it a major centre for global trade

Business - Economy
1/3/2021 4:46:43 PM
The canal, which is the fastest shipping route between Europe and Asia, is one of Egypt's main sources of foreign currency

Business - Economy
9/27/2020 7:41:17 PM
Suez Canal revenues increased to $467.8 million in August, up from $440.1 million in July

Business - Economy
8/6/2020 4:04:59 PM

Business - Economy
7/5/2020 4:43:00 AM

Business - Economy
5/4/2020 1:01:11 PM
Egypt has stressed in the past months that traffic through its vital shipping route has not been affected by the coronavirus pandemic and shipping is proceeding at normal rates

Business - Economy
3/1/2020 4:40:54 PM

Business - Economy
2/26/2020 2:43:03 PM
Officials said the Suez Canal has not been negatively affected by the Corona Virus, even though 13 percent of China's foreign trade passes through the canal

Egypt - Politics
11/18/2019 1:57:17 PM
Since the Suez Canal opened in 1869, 1.3 million ships carrying 28.6 million tonnes passed through the waterway, bringing in revenues worth $135.9 billion.

Al-Ahram Weekly - Economy
9/5/2019 5:33:27 PM
Imported goods will no longer enjoy a special exchange rate for customs duties, reports Ahmed Kotb

Egypt - Politics
11/8/2018 11:14:15 AM
The Suez Canal is the fastest shipping route between Europe and Asia and one of the main sources of foreign currency for the Egyptian government

Business - Economy
6/16/2018 6:01:53 PM

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