Suez Canal revenue down amid Red Sea unrest
The Suez Canal's annual revenue went down to $7.2 billion in the latest fiscal year, down nearly a quarter, as some…
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Osama Rabie
Ships avoid crossing Suez Canal amid Houthis’ attacks on Red Sea
Yemen’s Iranian movement, Houthi, has been responsible for several attacks on vessels crossing the Red Sea.
Egypt expects Suez Canal revenues to reach $10.3bln by 2023
Egypt Suez Canal’s total revenues expected to record $10.3 billion by the end of this year, up from increased $9.4…
Egypt, South Korea mull cooperation in green transition
Egypt and South Korea are mulling cooperation in the green transition sector, said Suez Canal Authority’s (SCA)…
Suez Canal pushes $143.8 bln into Egypt’s public treasury
The Suez Canal pumped more than $143.864 billion into the state’s public treasury since its nationalisation in…
Suez Canal revenues climb 35% to $9.4 bln in FY2022/23
Suez Canal revenues hit a record $9.4 billion, or 35 percent, during 2022–2023, compared to $7 billion during…
Suez Canal records $50.9bln revenues in 10 years
Egypt's Suez Canal recorded the highest revenues in a decade in its history, reaching $50.9 billion in the period…
Egypt denies rumors about selling Suez Canal to foreign party for 99 years
Egypt’s Suez Canal Authority (SCA) has denied on Friday the rumors circulating about selling the vital waterway to…
Egypt’s SCA inks MoU with American Bureau of Shipping to boost green transformation
Egypt's Suez Canal Authority (SCA) has signed a MoU with the American Bureau of Shipping (ABS) to provide a…
Egypt’s Suez Canal makes record revenues of $7.9bn in 2022
Egypt's Suez Canal has registered a record-breaking revenue of $7.932 billion in 2022 up from $6.333 billion last…
