Egypt's Suez Canal earns record revenue of 7.9 bln USD in 2022

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Egypt's Suez Canal earns record revenue of 7.9 bln USD in 2022

STORY: Egypt's Suez Canal earns record revenue of 7.9 bln USD in 2022 DATELINE: Dec. 20, 2022 LENGTH: 0:01:08 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Suez Canal Authority (SCA) Chairman Osama Rabie 2. various of Suez Canal and ships STORYLINE: Egypt's Suez Canal registered a record-breaking revenue of 7.932 billion U.S. dollars in 2022, the chairman of Egypt's Suez Canal Authority (SCA) announced Monday. "The revenues of 2022 are the highest in the SCA's history," Osama Rabie told the parliament in a public session. The revenue for 2021 was 6.333 billion dollars. More than 23,000 ships carrying 1.4 billion tonnes of cargo passed the navigation course in 2022, up from 21,700 ships in the previous year, he said. Wael Qaddour, the SCA's former deputy chairman, attributed the record revenue to the high demand for oil as maritime energy transport depends greatly on the canal. Qaddour expected the revenues to keep rising in the coming years as the transit fees will be increased by

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