EGYPT: SUEZ CANAL'S REVENUES HIT NEW PEAK.

From: IPR Strategic Business Information Database | Date: January 12, 2006 | Copyright information

According to Al-Ahram newspaper (January 10, 2006), a recently submitted economic report to the Egyptian Prime Minister, Ahmed Nazif, reveals that ...

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REVENUES OF SUEZ CANAL HIT PEAK LEVEL
Info-Prod Research (Middle East) ; According to Al-Sharq Al-Awsat newspaper (January 31, 2005), the Chairman of the Suez Canal Authority, Mr. Ahmed Fadhel, announced that the revenues of the Suez Canal hit a new peak level of $3.87 billion in 2004 compared with $2.607 billion in the previous year. The chairman described the canal's
EGYPT: REVENUES OF SUEZ CANAL HIT PEAK LEVEL.(Brief Article)
IPR Strategic Business Information Database ; According to Al-Sharq Al-Awsat newspaper (January 31, 2005), the Chairman of the Suez Canal Authority, Mr. Ahmed Fadhel, announced that the revenues of the Suez Canal hit a new peak level of $3.87 billion in 2004 compared with $2.607 billion in the previous year. The chairman described the canal's
SUEZ CANAL'S REVENUES HIT NEW PEAK
Info-Prod Research (Middle East) ; According to Al-Ahram newspaper (January 10, 2006), a recently submitted economic report to the Egyptian Prime Minister, Ahmed Nazif, reveals that the total revenues of the Suez Canal hit a new peak level of $3.457 billion in 2005, which is the highest revenues volume in the canal's history.
Suez Canal is raking in the revenues: before the US invasion of Iraq last year, Egypt's Suez Canal Authority predicted that a fully-fledged war in the Middle East would disrupt regional maritime traffic, slashing canal revenues by 10% or more. In reality, exactly the opposite has happened.
The Middle East ; THE SUEZ CANAL IS IN THE MIDST OF booming volumes, sparked by a jump in Chinese exports to Europe and, to a much lesser extent, US military cargo bound for Iraq. Last year, the Suez Canal generated $2.57bn in revenues--the highest in the canal's 135-year history--as 15,634 ships transited the
EGYPT: REVENUES OF SUEZ CANAL HIT NEW PEAK.
IPR Strategic Business Information Database ; According to Al-Watan newspaper (January 8, 2006), the Suez Canal Authority Chairman, Ahmad Ali Fadel, said that the canal's revenues hit a new peak level of $3,457,000,000 in 2005, a 12.3% rise compared with 2004, in which the canal's revenues hit $3,077,000,000. The 160-kilometer canal connects