Archives des suez canal - Ecomnews Med

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Egypt: Suez Canal revenues fall 23.4% to $7.2 billion due to attacks by Yemen's Houthi rebels

The waterway linking the Mediterranean to the Red Sea usually handles around 12% of the world's maritime trade, and is one of the most important sources of foreign currency for the most populous country in the Arab world.

Thursday 25 July 2024
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Egypt: Suez Canal revenues fall 57.2% due to all the traffic disruptions in the Red Sea

Disruptions in the Red Sea continue to slow down Suez Canal operations, further jeopardising revenue forecasts and the timely implementation of plans to extend this strategic zone for world trade and the Egyptian economy.

Sunday 21 July 2024
Egypt: The Suez Canal anticipates revenues of $8.7 billion in 2023

The man-made canal has already recorded record revenues in 2022. The further increase in its revenues expected this year will mainly come from the increase in vessel passage fees which came into effect on Sunday 1 January.

Friday 20 January 2023