New Suez Canal revenues record $27.2bn in five years
A total of 90,000 ships have passed through the New Suez Canal, with a net tonnage of 5.5bn tonnes, recording total…
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new Suez Canal
Egypt’s Suez Canal revenues hit $19.1 billion since new channel opening
Egypt’s revenues from the Suez Canal in the four financial years from 2015/2016 - when a new parallel channel was…
Russia’s industrial zone in Egypt to open regional markets for Russian goods
A Russian industrial zone off the New Suez Canal is set to become the first platform to open up the markets of…
Egypt raises rates on Suez Canal certificates to 15.5%
Egypt raised interest rates on five-year investment certificates in its New Suez Canal project to 15.5 percent, the…
Suez Canal Insurance wins policy for East Port Said tunnel drilling equipment
Egypt’s leading composite insurer, Suez Canal Insurance Company has won a policy bid to insure one of the drilling…
‘Low Oil Prices Make Suez Canal Unattractive’: German paper
Egypt’s Suez Canal is being used by fewer ships than usual as the trade route has become more expensive than the…
Congolese prime minister tours Egypt’s Suez Canal
The Prime Minister of the Democratic Republic of Congo, Matata Ponyo Mapon, visited Egypt's New Suez Canal on…
New Suez Canal saves “5-10% of total operating costs”- Intesa Sanpaolo report
Egypt's New Suez Canal has led to a decrease in transit time from 18 to 11 hours, which will be reflected on the…
Suez Canal’s revenues drop to $449mn in September
Egypt's revenues from the Suez Canal dropped to US$448.8 million in September from $462.1 million in August, the…
Egypt to include new Suez Canal logo on the half pound coin
Egypt is in the process of issuing new half pound coins with the logo of the new Suez Canal on them, according to a…
