Categories: Business

Suez Canal revenues hit $2.1bn in Q3, highest quarter in history: Egypt Cabinet


Fri, 2022-10-07 15:42

RIYADH: Suez Canal revenues increased in the third quarter of this year by 23.5 percent year-on-year to hit $2.1 billion — the highest figure ever recorded, official data has revealed.

This increase is supported by the unprecedented jump in revenues during the month of August that hit a historical record at $744.8 million, according to a release from the Egyptian Prime Minister’s Information Center on Friday.

As many as 6,252 ships crossed the canal from July to September, with a total net payload of 372.7 million tons.

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