Latest News for: Suez

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Suez Canal revenue drops as some shippers shun Red Sea 

Arab News 18 Jul 2024
Updated 24 sec ago. Arab News. July 18, 2024 13.28. .
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Suez Canal revenue down amid Red Sea unrest

Amwal Al Ghad 18 Jul 2024
The Suez Canal's annual revenue went down to $7.2 billion in ...
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Red Sea Crisis: Suez Canal Reports 23.4 Per Cent Drop In Annual Revenue

MENA FN 18 Jul 2024
(MENAFN - IANS) Cairo, July 18 (Xinhua) The Egyptian Suez Canal's annual revenue dropped by about 23.4 per cent in the fiscal year 2023/2024 due to the Red Sea crisis, Osama Rabie, chairman of the ... .
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Suez Canal annual revenue dropped by almost a quarter

Middle East Online 18 Jul 2024
CAIRO – Egypt’s Suez Canal's annual revenue dropped by almost a quarter in its latest financial year as some shippers switched to ...
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Suez Canal Aquaculture Company to establish more fisheries, cannery

Egypt Today 18 Jul 2024
Chairman of the Suez Canal Authority Osama Rabie inspected this week the Suez Canal Aquaculture Company as preparations are underway for the second phase ...
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Due to Red Sea security challenges: Egypt's Suez Canal revenues drop to $7.2B

Egypt Today 18 Jul 2024
Chairman of the Suez Canal Authority Osama ... He added that the Red Sea situation had not just badly influenced the Suez Canal but also global trade and maritime transportation.  .
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Suez Canal reports 23.4 pct drop in annual revenue due to Red Sea crisis

Xinhua 18 Jul 2024
CAIRO, July 18 (Xinhua) -- The Egyptian Suez Canal's annual revenue dropped by about 23.4 percent in the fiscal year 2023/2024 due to the Red Sea crisis, Osama Rabie, chairman of the Suez Canal Authority (SCA), said in a statement on Thursday.
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Suez Canal revenues maintain downward trend, falling to $7.2B in FY23/24 amid Red Sea attacks

Egypt Today 18 Jul 2024
Egypt’s Suez Canal reported a substantial decline in revenues during the previous fiscal year (FY2023/2024), registering $7.2 billion compared to a record-breaking $9.4 billion reported in FY2022/2023.
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President El-Sisi directs taking measures to attract investments in Suez Canal Economic Zone

Egypt Today 18 Jul 2024
President Abdel-Fattah El-Sisi has directed the government to provide facilitations to attract investments in the Suez Canal Economic Zone, said Ahmed Fahmy, the official spokesman for the Presidency, in a statement on Thursday.
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Houthi attacks on Red Sea shipping wipe $2B off Suez Canal annual revenue

Al Monitor 18 Jul 2024
Revenue registered by the Suez Canal for fiscal year 2023/24 fell by more than $2 billion, as attacks on commercial vessels in the Red Sea by Iran-backed Houthi rebels in Yemen continue to disrupt global trade and cause rerouting.
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Suez Canal Revenue Declines Amid Red Sea Route Avoidance

The Arabian Post 18 Jul 2024
Egypt’s vital maritime artery, the Suez Canal, has faced a notable decline in revenue recently as international shipping companies opt to bypass the Red Sea route ... The impact on the Suez Canal’s revenue stream is palpable.
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Icon News SUEZ expands its presence in the Polish renewable gas market by becoming a shareholder of ARA CURSUS alongside EIFFEL INVESTMENT GROUP and BOURGOGNE (Suez SA)

Public Technologies 18 Jul 2024
SUEZ expands its presence in the Polish renewable gas market by becoming a shareholder of ARA CURSUS alongside EIFFEL INVESTMENT GROUP and ... About SUEZ ... www.suez.com / X @suez / LinkedIn @SUEZ ... SUEZ press office ... suez.media@suez.com.

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