Middle East Economic Survey

VOL. LII

No 47

23-Nov-2009

EGYPT

Suez Canal Earns $399Mn In October, Highest This Year

Monthly data issued by the Suez Canal Authority (SCA) continues to show a gradual increase in canal traffic, with its October report showing the highest revenue and the largest number of ships transiting the waterway so far this year. The SCA achieved revenues last month of $398.9mn, a 4.3% increase on September, and said that 1,555 ships passed through the canal, the most to have...