14 Oct 2015
(MENAFN) Egypt’s revenue from the Suez Canal surged to USD462.1 million in August, from USD437.7 million registered in July, the Suez Canal Authority’s website stated.
Revenues in June were USD431.6 million. The canal is the fastest shipping route between Europe and Asia and is one of the country’s main sources of foreign currency.
On August 6, President al-Sisi launched an USD8-billion expansion of the canal that aims to double daily traffic and increase annual revenues to more than USD13 billion by 2023, from just over USD5 billion in 2014.
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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