10 Jun 2010
(MENAFN) A report issued by the Suez Canal Authority said that revenue from Egypt’s Suez Canal rose to $395 million in May, 15 percent up from May 2009, the biggest revenue since November 2009, Reuters reported.
The waterway is a vital source of foreign currency in Egypt, along with tourism, oil and gas exports and remittances from Egyptians living abroad.
Canal revenues had decreased by 20 percent in 2009 when the global economic slowdown cut traffic on the waterway, a barometer for trade worldwide.
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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