Egypt expects Suez Canal revenues to hit $7 billion by end of fiscal year – minister
CAIRO – Egypt expects the Suez Canal’s revenues to reach about $7 billion by the end of the current fiscal year, finance minister Mohamed Maait said on Saturday. Tourism revenues are expected…
Egypt’s Suez canal to increase tolls by up to 10%
CAIRO – Egypt’s Suez Canal Authority said on Sunday it was increasing canal tolls by up to 10% for laden and ballast vessels, effective March 1. The decision was “in line with…
Veolia to own 95% of former rival Suez
– French waste and water management company Veolia said on Thursday that it would own 95.95% of rival Suez’ share capital as a result of the cash tender offer, according to Euronext…
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