Suez Canal revenue hits new high

The data showed that the number of ships passing through the Suez Canal in the second quarter of the year increased to 3,580 ships compared to the same period last year. This rise reflects the recovery of shipping activity and the improvement of global trade sources following the COVID-19 pandemic. It is an indicator of the revival of maritime transportation and growing confidence among companies in transporting goods via the canal, which contributes to boosting Egypt's economic revenue through toll fees.

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