Port News & Information Mediterranean, Black & Caspian Seas
© Suez Canal Authority

Suez Canal pays €3.8 billion to Egypt’s treasury in 2019

Posted on

Suez, Egypt (PortSEurope) June 10, 2019 – Egypt’s finance ministry has said the Suez Canal Authority paid EGP 72 billion ($4.3 billion/€3.8 billion) to the country’s treasury in 2019 after covering operating and maintenance expenses, financing investment plans and expansions.  The good performance of the Suez Canal Authority was backed by the steady growth of its revenues caused by…

Subscribe or log in to continue reading
PortSEurope offers an English-language daily coverage from over 200 ports in the Mediterranean, Black and Caspian Seas as well as a fully indexed and easily searchable database with more than 15,000 articles.

Subscribe to weekly news

We keep you informed on the top European port news.