Egypt's Suez Canal records all-time high revenue of 7 bln USD in 2021/22

**This is a 60-seconds sample of the video. For the full version, please contact us.**

Egypt's Suez Canal records all-time high revenue of 7 bln USD in 2021/22

STORY: Egypt's Suez Canal records all-time high revenue of 7 bln USD in 2021/22 DATELINE: July 5, 2022 LENGTH: 0:01:07 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Suez Canal STORYLINE: Egypt's Suez Canal Authority (SCA) on Monday reported record-breaking revenue of seven billion U.S. dollars for the fiscal year 2021/2022, up 20.7 percent from a year earlier. "The income is the highest figure ever recorded and is over a fifth higher than the previous fiscal year's 5.8 billion U.S. dollars in transit fees," said SCA Chairman Osama Rabie, adding some 1.32 billion tons of cargo were shipped through the canal in the fiscal year, which ended on June 30. Ongoing global crises have proved the importance of the Suez Canal in guaranteeing the sustainability of global supply chains, he added. The Suez Canal is a major lifeline for global seaborne trade since it allows ships to travel between Europe and South Asia without navigating around Africa, thereby reducing the sea voyage distance

  • Product Code
  • ILEA000988168
  • Registered date
  • 2022/7/05 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 71.15(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    Türkiye's exports reach over 19 bln USD in April

    STORY: Türkiye's exports reach over 19 bln USD in April SHOOTING TIME: May 3, 2024 DATELINE: May 4, 2024 LENGTH: 0:01:08 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of shipping trade in Türkiye STORYLINE: Türkiye's exports slightly increased by 0.13 percent annually in April, amounting to 19.3 billion U.S. dollars, a cabinet minister said on Friday, citing preliminary data. "It is a limited increase, but this is mainly because factories are closed for the first half of April during the one-week Ramadan holiday," Turkish Trade Minister Omer Bolat said at a press conference. Imports rose by 4.24 percent year-on-year to 29.17 billion dollars in April, he said, adding, "We managed to keep it below the limit of 30 billion dollars." In the January-April period, the country's overseas shipments totaled 82.9 billion dollars, up by 2.7 percent from the prior year, Bolat said. Türkiye's trade balance posted a deficit of 9.9 billion dollars in April, with an annual hike of 13.3 percent, he ad

      Egypt's Suez Canal rescue teams prevent sinking of cargo ship

      STORY: Egypt's Suez Canal rescue teams prevent sinking of cargo ship SHOOTING TIME: April 23, 2024 DATELINE: April 24, 2024 LENGTH: 00:01:27 LOCATION: Cairo CATEGORY: OTHERS SHOTLIST: 1. various of the Suez Canal rescue teams preventing a cargo ship from sinking (courtesy of SCA) 2. various of photos of the Suez Canal rescue teams preventing a cargo ship from sinking (courtesy of SCA) 3. various of ships passing through the Suez Canal STORYLINE: The Suez Canal rescue teams prevented a cargo ship from sinking before passing through the waterway, the Suez Canal Authority (SCA) said on Tuesday. Twelve crew members on the rescued Tanzanian-flagged LABATROS cargo ship were safe, the SCA said in a statement. An inspection of the vessel's technical conditions is underway to find out what caused the sinking and to contain any possible marine pollution, the statement added. The 3,000-tonne ship was coming from Lebanon and heading to Al-Adabiya Port on the western coast of the Suez Gulf. The Suez Can

        Global tourism revenue to total 5.8 tln USD in 2024: report

        STORY: Global tourism revenue to total 5.8 tln USD in 2024: report SHOOTING TIME: April 23, 2024 DATELINE: April 24, 2024 LENGTH: 00:02:30 LOCATION: Wellington CATEGORY: ECONOMY SHOTLIST: 1. various of the conference 2. various of cultural performances STORYLINE: Global tourism revenue is estimated to total 5.8 trillion U.S. dollars in 2024, marking an increase of 139.6 percent over the pre-pandemic level in 2019. The Report on World Tourism Economy Trends (2024) predicted that international tourist arrivals would amount to 13.579 billion in number this year, recovering to 103.9 percent of 2019. The report was released at an international tourism summit held in Wellington, New Zealand. At the same time, the report called for efforts by the global tourism industry to turn challenges into growth opportunities. Factors such as technological advancement and climate change should be proactively incorporated into the reshaping of the industry. The World Tourism Cities Federation Wellington Fragrant H

          NW China's Xinjiang sees foreign trade value up 42.7 pct in Q1

          STORY: NW China's Xinjiang sees foreign trade value up 42.7 pct in Q1 SHOOTING TIME: April 10, 2024 DATELINE: April 20, 2024 LENGTH: 0:00:57 LOCATION: URUMQI, China CATEGORY: ECONOMY SHOTLIST: 1. various of Horgos Port in Horgos, northwest China's Xinjiang Uygur Autonomous Region 2. various of a China-Europe freight train 3. various of Horgos Port in Horgos, northwest China's Xinjiang Uygur Autonomous Region STORYLINE: Total import and export value of goods in northwest China's Xinjiang Uygur Autonomous Region grew by 42.7 percent year on year to 93.63 billion yuan (about 13.2 billion U.S. dollars) in the first quarter of 2024, the second highest growth rate among all provinces, autonomous regions and municipalities in China, official data showed on Thursday. In March 2024 alone, Xinjiang's foreign trade value grew by 27.3 percent, registering growth for 29 consecutive months. From January to March, the region had conducted trade with 193 countries and regions across the globe. Kazakhstan and Kyrgyzstan

            Japan logs trade deficit of 38 bln USD in fiscal 2023

            STORY: Japan logs trade deficit of 38 bln USD in fiscal 2023 SHOOTING TIME: file DATELINE: April 17, 2024 LENGTH: 00:00:55 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street view in Tokyo STORYLINE: Japan's trade deficit in fiscal 2023 shrank around 70 percent from a year earlier to 5.89 trillion yen (about 38 billion U.S. dollars), government data showed Wednesday. In the fiscal year ended March, exports expanded 3.7 percent to 102.90 trillion yen, topping 100 trillion yen for the first time and marking a record high for the third straight year, according to a preliminary Finance Ministry report. Automobile exports, which account for about 17 percent of Japan's total, grew 30.2 percent to 17.88 trillion yen, eclipsing the previous record of 14.67 trillion yen in fiscal 2007. In contrast, imports dived 10.3 percent to 108.79 trillion yen, falling for the first time in three years, chiefly reflecting falls in imports of coal and liquefied natural gas. With a weaker yen inflati

              Myanmar earns over 1.48 bln USD from beans, pulses export in 2023-24 FY

              STORY: Myanmar earns over 1.48 bln USD from beans, pulses export in 2023-24 FY SHOOTING TIME: April 8, 2024 DATELINE: April 9, 2024 LENGTH: 00:03:14 LOCATION: MANDALAY, Myanmar CATEGORY: ECONOMY SHOTLIST: 1. various of farmers working in Mandalay, Myanmar STORYLINE: Myanmar earned over 1.48 billion U.S. dollars from the export of over 1.7 million tons of beans and pulses in the fiscal year 2023-24, according to the Ministry of Commerce on Sunday. During the period from April 1 last year to March 31 this year, the country shipped over 1.6 million tons of beans and pulses via marine routes, while exporting over 157,409 tons via land borders, the ministry's figures showed. Myanmar mainly exports black grams, green grams, pigeon peas and many others. Among them, the black gram was the top earner, bringing in over 724 million U.S. dollars in the cited period. According to the ministry, beans and pulses are among Myanmar's most cultivated crops, second only to rice, and they contribute to over 30 percent of t

                India's defense exports reach all-time high of 2.63 bln USD

                STORY: India's defense exports reach all-time high of 2.63 bln USD SHOOTING TIME: File footage DATELINE: April 3, 2024 LENGTH: 00:01:20 LOCATION: New Delhi CATEGORY: MILITARY SHOTLIST: 1. various of India Gate 2. various of Indian government buildings 2. various of tanks and missiles on parade STORYLINE: India's defense exports reached an all-time high of 2.63 billion U.S. dollars during the financial year 2023-24 running from April 2023 to the end of March 2024, announced the federal government on Monday. The figure registered a 32.5 percent growth over the last financial year, it said. The data indicated that the defense exports have grown by 31 times in the last 10 years as compared to the financial year 2013-14, said a statement issued by the ministry of defense. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)

                  Chinese ductile iron pipes firm to establish new factory in Egypt

                  STORY: Chinese ductile iron pipes firm to establish new factory in Egypt SHOOTING TIME: March 27, 2024 DATELINE: March 30, 2024 LENGTH: 00:00:32 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of signing ceremony (Courtesy of the Egyptian Cabinet) STORYLINE: China's Xinxing Ductile Iron Pipes Co., Ltd. has signed a land lease contract with Egypt-TEDA SEZone Development Company to build a new factory in the China-Egypt TEDA Suez Economic and Trade Cooperation Zone. The signing ceremony held on Wednesday was attended by Egyptian Prime Minister Mostafa Madbouly, Suez Canal Economic Zone Chairman Waleid Gamaleldien, and other senior Egyptian officials. The project is planned to cover an area of about 270,000 square meters and produce 250,000 tons of ductile iron pipes per year, said Ma Ye, head of the Egypt project of Xinxing Ductile Iron Pipes Co., Ltd. With an investment of approximately 145 million U.S. dollars, the project is expected to generate nearly 200 million dollars in foreign exc

                    Egypt signs agreement with IMF to increase loan from 3 to 8 bln USD

                    STORY: Egypt signs agreement with IMF to increase loan from 3 to 8 bln USD SHOOTING TIME: March 6, 2024 DATELINE: March 7, 2024 LENGTH: 00:00:38 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference (Courtesy of the Egyptian Cabinet) STORYLINE: Egypt signed a financing agreement on Wednesday with the International Monetary Fund (IMF) to increase an initial 3 billion U.S. dollars loan deal to 8 billion dollars, Egyptian Prime Minister Mostafa Madbouly announced at a press conference. As part of the agreement, Egypt will also receive a loan of about 1.2 billion U.S. dollars from a separate facility that promotes environmental sustainability, Madbouly said. Besides the IMF, the prime minister added that other "international partners," including the World Bank, will also provide Egypt with soft loans to support the state in achieving monetary stability through an integrated program. "Our goal during the first period of Egypt's reform program following the IMF agreement is to rationa

                      Monthly poverty threshold for Turkish household hits 1,696 USD in Feb.: report

                      STORY: Monthly poverty threshold for Turkish household hits 1,696 USD in Feb.: report SHOOTING TIME: File DATELINE: March 1, 2024 LENGTH: 00:01:03 LOCATION: ISTANBUL, Türkiye CATEGORY: POLITICS SHOTLIST: 1. various of Istanbul city in Türkiye 2. various of people walking in the city center in Istanbul, Türkiye 3. various of people shopping in supermarket in Istanbul, Türkiye STORYLINE: The total income needed to cover the basic expenses for a family of four in Türkiye, defined as the poverty threshold, reached 52,955 Turkish liras (1,696 U.S. dollars) in February, a report revealed on Thursday. The figure represents a substantial increase compared to 30,701 liras (979 U.S. dollars) in the same month of last year, according to the Confederation of Turkish Trade Unions (Turk-Is), which has been monitoring the poverty threshold in Türkiye for the past 37 years. The poverty line covers the income necessary to meet basic needs, including expenses on food, clothing, housing (rent, electricity, water, fuel