Egypt’s PM: Crisis committee formed to monitor regional developments
Egypt is taking proactive measures to safeguard its economy, including the formation of a crisis committee,…
Browsing Tag
Suez Canal revenues
IMF raises Egypt’s growth forecast to 3.8%
The International Monetary Fund (IMF) has raised Egypt’s growth forecast for fiscal year 2024/25 to 3.8 per cent,…
Egypt posts record primary surplus of EGP 435bn – FinMin
Egypt posted a record primary surplus of 435 billion Egyptian pounds, equivalent to 2.5 per cent of GDP, over the…
Egypt’s growth outlook cut to 4% – poll
Egypt's economic growth is expected to be lower than earlier anticipated this year, as per a Reuters poll released…
Egypt initiates economic reforms amid global challenges – FinMin
Egypt has initiated economic reforms to address challenges and reduce risks from global and regional crises for…
Egypt’s budget initial surplus hits EGP 193b in 8 months
Egypt’s budget has significantly improved in the past eight months, showing an initial surplus of 193 billion…
Egypt’s Suez Canal revenues rise 34.7%
The revenues of Suez Canal rose by 34.7 percent recording $9.4 billion compared to $7 billion in the last fiscal…
Egypt’s Suez Canal makes historic record of $1mln revenues in one hour
Egypt's Suez Canal recorded one million dollars in revenues in one hour, in a historic never seen before record,…
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…
Egypt’s current account deficit at $5.3bln in July-March 2022/23 – CBE
Egypt's current account deficit shrunk to $5.3 billion in July-March of the fiscal year 2022/23 compared to $13.6…
Egypt posts $281.9 mln balance of payments surplus in 9 months
Egypt’s balance of payments (BoP) achieved an overall surplus of $281.9 million in July-March of the financial year…
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…
Suez Canal revenues hike by 38.5% in March
Egypt's Suez Canal Authority (SCA) said in its data that Suez Canal’s revenues have hit a record high, increasing…
Suez Canal sees record monthly revenue in July
Egypt’s Suez Canal recorded its highest monthly revenues to date in July to $704 million, reaping $629 million in…
Egypt’s Suez Canal expected to reach $7 billion by year-end
Egypt predicts the Suez Canal's revenues are going around $7 billion by the end of the ongoing fiscal year, finance…
Egypt’s Suez Canal revenues grow 9.9% y-o-y in January: official
Egypt’s revenues from the Suez Canal, excluding the navigation services, grew 9.9 percent year-on-year to $544.7…
Egypt’s Suez Canal revenues hit record $6.3 billion in 2021
Egypt’s revenues from the Suez Canal reached a new record of $6.3 billion for 2021, the highest annual yearly ever,…
Egypt reports record $6 billion Suez Canal revenues as of first half of Dec
Egypt’s revenues from the Suez Canal recorded $6 billion from January until the first half of December, the highest…
Suez Canal revenues highest ever for month of November
Egypt’s revenues from the Suez Canal recorded $571.3 million in November, the highest monthly level ever, said the…
Egypt’s Suez Canal revenues surge 11.2% y-o-y from Jan 20-Aug 20: official
The revenues from Egypt’s Suez Canal grew 11.2 percent year-on-year to $3.88 billion from January 20 to August 20,…
Egypt’s Suez Canal revenues surge 20.6% y-o-y in July – official
Egypt’s revenues from the Suez Canal surged 20.6 percent year-on-year to $530.7 million in July, the head of the…
Egypt’s Suez Canal revenues hit record $5.84 billion in FY2020/21
Egypt’s revenues from the Suez Canal rose to a record $5.84 billion in the 2020-2021 financial year, up from $5.72…
Egypt’s Suez Canal revenues grow 15.8% y-o-y in April: official
Egypt’s revenues from the Suez Canal rose 15.8 percent year-on-year to $551.5 million in April, the head of the…
Suez Canal revenues hit $15.8 billion in 3Yrs
Egypt's Suez Canal has made revenues of US$15.8 billion, equivalent to 219 billion Egyptian pounds, during the last…
Egypt’s Suez Canal revenues likely to rise 14% at end-FY2017/18
Egypt's Suez Canal revenues are likely to increase by 14 percent to reach $5.6 billion at the end of financial year…
Suez Canal’s revenues increase to $471.5mln in December 2017
Suez Canal revenues slightly rose by 1.9% month-on-month in December 2017 to $471.5 million from $462.7 million,…
Egypt’s net FDI hikes to $1.7 billion in Q2-FY2015/16
Egypt's net foreign direct investments (FDI) surged in the second quarter of the financial year 2015/16 to stand at…
Suez Canal revenues fall once again to $411.8 million in January
Egypt's vital waterway Suez Canal reported revenues $411.8 million in January from $429 million in December, data…
Egyptians Expatriate Remittances Triple Suez Canal Revenues, Says World Bank
The size of expatriate remittances worldwide is about $80bn annually, according to the Director of the Migration…
C.Bank: Suez Canal Registers US$5.37bn Revenues in FY13/14
A report issued from the Central Bank of Egypt (CBE) revealed that Suez Canal revenues surged by 6.7% (US$337.3…
Suez Canal Achieves New Record Cargo
Egypt's vital waterway Suez Canal has achieved the second record number of cargo ships sailing through it on a…
Suez Canal Revenues Fall by 3.4% in 2012/2013
The Central Bank of Egypt (CBE) said revenues from Suez Canal transit fell by 3.4%, or $200 million during…
Suez Canal Revenues Posted $19.5 Mln On Sept. 30th
The Suez Canal revenues reached $ 19.5 million on 30/9/2012 as a result of crossing the highest rate of loads which…
Egyptians’ Remittances Stood At US$ 12.9 Bln In Nine Months
The remittances of Egyptians abroad witnessed an increase of US$ 3.819 billion, or 42%, totaling to US$ 12.9…