Tuesday 29 July 2014

Suez Canal revenue rises 3.5pc

Monthly revenue from Egypt's Suez Canal rose 3.5 percent in the year to March to $428 million, the Egypt Information Portal website showed on Monday.  The canal's revenue in March 2011 was $413.5 million. Revenue rose 12.2 percent mo


Suez Canal Dec revenues total $443.7m

Revenue from Egypt's Suez Canal rose 4.8 percent on a year earlier to $443.7 million in December, but up 1.9 percent from a month earlier, the Egypt Information Portal website showed.  The canal's revenues in December 2010 were $423.


Tehran 'to test-fire long-range missile'

Tehran said it will test-fire missiles in the Strait of Hormuz today (December 31), a move likely to stoke tensions with Washington already running high over Iran's threats to close the strategic oil waterway if sanctions are enforced. "Sh


Suez Canal work normal; June income up 16pc

Suez Canal, a vital waterway for world trade, is operating normally despite days of sit-ins and protests in the area, a Suez Canal Authority official told the state news agency, MENA, on Sunday. Protests erupted in Suez, a city at the sout


Strait of Hormuz vital for oil transport

The Strait of Hormuz is one of the most important international waterways for transportation of oil and trade goods, a top official has said. Nothing can close such a vital waterway as the international community will not accept any act th


Suez Canal April revenue rises to $374.9m

Revenue from Egypt's Suez Canal rose to $374.9 million in April from $346.9 million a year earlier, but fell from March, a state website showed on Sunday. Revenue in March was $379.4 million. The waterway is a vital source of fore

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