Middle East Economic Survey


No 34



Suez Canal Records Highest Daily Income Since Financial Crisis

The Suez Canal in August recorded its highest daily income since the onset of the global financial crisis in December 2008, the Suez Canal Authority (SCA) announced on 15 August. The authority earned E106mn ($18.7mn) on 13 August, with 65 vessels passing through the canal carrying a record volume of 3.35mn tons in cargo. The SCA attributed the figures to an increase in...