Middle East Economic Survey


No 31



Suez Canal Traffic Figures Up In 1H10

Suez Canal Authority (SCA) traffic and revenue figures for the first six months of the year indicate a recovery in the transit of goods through the canal following major declines in 2008 and 2009 despite declines in total 2009-10 fiscal year statistics according to statements made by SCA Chairman Ahmad Fadel on 26 July. Total annual revenue amounted to $4.54bn in the latest fiscal year, which ended...