{"id":676950,"date":"2025-12-09T00:00:00","date_gmt":"2025-12-09T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/09\/suez-canal-revenues-see-partial-recovery\/"},"modified":"2025-12-09T00:00:00","modified_gmt":"2025-12-09T00:00:00","slug":"suez-canal-revenues-see-partial-recovery","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/09\/suez-canal-revenues-see-partial-recovery\/","title":{"rendered":"Suez Canal revenues see partial recovery"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends, and a happy Tuesday to you all. <\/strong>It\u2019s another slow morning here in Egypt, with Suez Canal revenues and another local real estate developer setting up shop in the GCC leading the news well. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"https:\/\/omny.fm\/shows\/enterpriseam-egypt\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/780.jpg?ssl=1\"\/><\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p class=\"tag-border-left\">PSA- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>WEATHER- <\/strong>It looks like Cairo is in for another rainy day, with the Egyptian Meteorological Authority forecasting moderate rains across the capital this evening. As for the weather, Cairo is looking at a high of 19\u00b0C and a low of 13\u00b0C, according to our favorite weather app.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s just as cold in Alexandria<\/strong>, with a high of 19\u00b0C and a low of 13\u00b0C. <\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Some progress on the plan to develop the country\u2019s airports through PPPs: <\/strong>Civil Aviation Minister Sameh Elhefny <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0BN1Nf81XNv6FqPqqD1pzkDmeWxcWrnDBrg8bXYUMTBqNt7VPVn7QHn15iNnHrqb6l\" style=\"\" rel=\"noopener\">met with an International Finance Corporation delegation<\/a> to review the final technical and regulatory studies ahead of launching the tender to select a strategic private partner for maintaining, operating, and upgrading the Hurghada International Airport. The meeting focused on completing the requirements for the Request for Qualification documents ahead of the tender. Elhefny previously <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/def40107-8b92-44e1-bf6d-18e917ce3ae9\/gov%25e2%2580%2599t-to-kick-off-the-search-for-partner-to-upgrade%253cmark%253e-hurghada%253c%2Fmark%253e%253cmark%253e-airport%253c%2Fmark%253e-next-month\" style=\"\" rel=\"noopener\">said<\/a> that the tender will launch in February.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The International Finance Corporation unveiled a list of 11 Egyptian airports slated for development through public-private partnerships back in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a3387238-7027-4c78-9e33-b09973683ded\/ifc-unveils-list-of-airports-to-be-developed-through-ppps\" style=\"\" rel=\"noopener\">March<\/a>. Hurghada International Airport will serve as a pilot project for the program.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>#2- The General Authority for Investment and Freezones rolled out an <\/strong><strong>updated valuation framework and launched a digital review platform<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/GAFIEG\/posts\/pfbid0Jjth3wRQtd9zSzMe9yWu7JFFXvaUq9D9ecg4v8aNsAoDa8FfiHh2gmwuofeFjbHGl\" style=\"\" rel=\"noopener\">statement<\/a>. The revised framework standardizes accounting and valuation practices for mergers, demergers, and legal restructurings and introduces unified controls for prior financial valuations. Meanwhile, the new electronic platform will allow investors to submit and track financial review requests online through a unified interface with real-time updates and notifications to reduce turnaround times and improve communication with investors.<\/p>\n<p class=\"tag-border-left\">DATA POINT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt3\"><\/a> <strong>Suez Canal revenues saw partial recovery between July and early December<\/strong>, coming in at USD 1.97 bn, up 17.5% y-o-y, Suez Canal Authority head Osama Rabie <a target=\"_blank\" href=\"https:\/\/www.suezcanal.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/Sca_8-12-2025.aspx\" style=\"\" rel=\"noopener\">said<\/a> during a meeting with the IMF mission currently in town for the latest reviews of our USD 8 bn loan program. The number of vessels passing by was up 5.2% y-o-y to come in at 5.9k. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Looking ahead: <\/strong>Rabie expects canal revenues to hit USD 8 bn in the fiscal year 2026-2027 and USD 10 bn in fiscal year 2027-2028 as traffic continues to recover with renewed stability in the Red Sea.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- Suez Canal transit is projected to pick up in early 2026 <\/strong>\u2014 driven by the easing of regional tensions and a positive regional growth forecast from the IMF, Secretary General of the Cairo Chamber of Commerce\u2019s International Transport and Logistics Division Amr Al Samdoni <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/de43560b-066a-4c30-8eff-f20a55d75ee0\/%253cmark%253esuez%253c%2Fmark%253e%253cmark%253e-canal%253c%2Fmark%253e-transit-could-pick-up-early-next-year\" style=\"\" rel=\"noopener\">told<\/a> EnterpriseAM in October. Shipping lines have been encouraged by the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/be9c7e1a-4c0b-4df9-bd48-8e6e3dfbc11f\/hamas-and%253cmark%253e-israel%253c%2Fmark%253e-reach-phase-one-agreement-in-sharm-el-sheikh\" style=\"\" rel=\"noopener\">Israel-Hamas ceasefire agreement<\/a> and are \u201cdeveloping quarterly plans\u201d on the premise that the war and Houthi attacks cease completely, he added.<\/p>\n<p class=\"tag-border-left\">HAPPENING TODAY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s day two of European Bank for Reconstruction and Development First Vice <\/strong><strong>President Greg Guyett\u2019s three-day visit to the country<\/strong>, which will see him and his accompanying delegation meet with private sector players and senior state officials.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Guyett kicked off day one with the official signing of a USD 100 mn loan to the National <\/strong><strong>Bank of Egypt to on-lend to SMEs<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/MOICEgypt\/posts\/pfbid02EAWZNEWuX3KrfWy74kgGeAkhBAwXNwczno2qhoX8ZXZYMMkeZiYLpPs44rEv8yACl\" style=\"\" rel=\"noopener\">statement<\/a> from the Planning and International Cooperation Ministry. The agreement \u2014 which we picked up <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b6dc6974-8ef5-47c2-a400-0177ebd5365e\/gov%25e2%2580%2599t-prepares-egp-10-bn-initiative-to-support-startups\" style=\"\" rel=\"noopener\">earlier in the week<\/a> from a project summary from the development bank \u2014 is part of a wider USD 200 mn program that will be channeled via the state-owned bank\u2019s Al Ahly Leasing and Al Ahly Tamkeen Microfinance, focusing on women, young people, and projects outside Cairo and Alexandria.<\/p>\n<p class=\"tag-border-left\">HAPPENING TOMORROW- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The business community and policymakers will have their eyes on November\u2019s <\/strong><strong>inflation figures<\/strong>, which are expected to be released tomorrow. The country\u2019s last monthly reading showed annual headline urban inflation <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/24b51d16-6751-42b2-a4f5-242a7e004475\/%253cmark%253einflation%253c%2Fmark%253e-accelerates-for-first-time-in-four-months\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/24b51d16-6751-42b2-a4f5-242a7e004475\/%253cmark%253einflation%253c%2Fmark%253e-accelerates-for-first-time-in-four-months\" style=\"\" rel=\"noopener\">rising by 0.8 percentage points<\/a> to 12.5%, largely on the back of higher fuel and food and beverage prices. Most analysts see inflation continuing to accelerate at a moderate pace throughout the rest of 2025, before falling again in 2026.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p class=\"tag-border-left\">SUKUK WATCH- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Weekly sukuk roundup: <\/strong>The yield to maturity on Egypt\u2019s February 2026 sovereign sukuk fell to 6.90% last Friday from 7.07% a week earlier, according to the Egyptian Financial Company for Sovereign Taskeek\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/12\/523.pdf\" style=\"\" rel=\"noopener\">weekly report (pdf)<\/a>. The sukuk traded slightly lower at USD 100.84, down from USD 100.88 the week before.<\/p>\n<p class=\"tag-border-left\">SETTING THE RECORD STRAIGHT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Tourism Ministry <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02xGzfE8oYLusFBFxDdoo6HDiFz8HvWFXqRn6wPk9SHideTyy5cZE5McnMQGt9piGml\" style=\"\" rel=\"noopener\">denied<\/a><\/strong><strong> reports that Egypt has raised entry visa fees from <\/strong><strong>USD 25 to USD 45<\/strong>, clarifying that no decision has been made to increase fees. The ministry said recent amendments only set a maximum cap for visa fees and do not introduce any changes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Have you checked out EnterpriseAM MENA <> India? It's our newest briefing tracking one of the world's most dynamic trade, investment, and cultural corridors. Every Monday, Wednesday, and Friday, we'll track the transactions, trends, and market moves connecting these two dynamic regions. The flow of capital, talent, and trade between MENA and the Indian subcontinent is one of the most important economic stories in the world \u2014 and we\u2019re telling as only we can.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">If you\u2019re investing, trading, or scouting for your next big move in MENA or India, subscribe to EnterpriseAM MENA <> India by tapping <strong><a target=\"_blank\" href=\"https:\/\/sub.ent.news\/mena-india\" style=\"\" rel=\"noopener\">here<\/a><\/strong> to get the strategic intelligence you need.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** DID YOU KNOW that we cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong> and the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">UAE<\/a><\/strong><strong>?<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** Were you forwarded this email?<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy delivered every weekday before 7am Cairo time \u2014 without charge.<\/p>\n<p class=\"tag-border-left\">CIRCLE YOUR CALENDAR- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e35c15e1-96e3-4385-8285-9a9041cf8c98\/gov%25e2%2580%2599t-unveils-second-package-of-tax-facilities\" style=\"\" rel=\"noopener\">The recently unveiled second package of tax facilities<\/a><\/strong><strong> will see the light early <\/strong><strong>next year<\/strong>, likely in January or February, Finance Minister Ahmed Kouchouk <a target=\"_blank\" href=\"https:\/\/x.com\/AsharqbEGY\/status\/1998055619354411326\" style=\"\" rel=\"noopener\">said<\/a> during a meeting with the Federation of Egyptian Chambers of Commerce. The package will be presented for community dialogue this month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong>Kouchouk unveiled the package last week \u2014 it includes stock market incentives, streamlined tax refund procedures, corporate tax breaks, and more.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/\" style=\"\" rel=\"noopener\">Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The battle for Warner Bros continues: <\/strong>Paramount has launched a USD 108.4 bn rival bid to acquire Warner Bros Discovery, seeking to outbid Netflix\u2019s USD 83 bn offer announced <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/14b22137-a2c8-422b-83f4-e51f44c42a1d\/imf-mission-meets-with-al-mashat,-el-khatib\" style=\"\" rel=\"noopener\">last week<\/a>. Paramount\u2019s USD 30 per share offer includes all of Warner\u2019s assets, unlike Netflix\u2019s offer which targeted Warner\u2019s studio and streaming assets. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Warner Bros said it would review Paramount\u2019s offer but has not withdrawn its support for <\/strong><strong>Netflix\u2019s offer.<\/strong> Both takeovers are expected to face close examination from US and European regulators, with concerns ranging from competition in streaming to the concentration of media power. Analysts said a merger with Paramount could give Warner the scale to rival Netflix and Disney, though the inclusion of CBS and CNN under one owner may spark political and industry debate. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/legal\/transactional\/paramount-makes-1084-billion-bid-warner-bros-discovery-2025-12-08\/#:~:text=Dec%208%20(Reuters)%20%2D%20Paramount,dominance%20of%20the%20streaming%20giant.\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-12-08\/paramount-makes-hostile-bid-for-warner-bros-at-30-a-share\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/12\/08\/business\/paramount-warner-bros-discovery-netflix.html\" style=\"\" rel=\"noopener\">New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/12\/08\/paramount-skydance-hostile-bid-wbd-netflix.html\" style=\"\" rel=\"noopener\">CNBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/cj69xzpzrdyo\" style=\"\" rel=\"noopener\">BBC<\/a> | <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2025\/12\/08\/business\/paramount-hostile-takeover-bid-wbd\" style=\"\" rel=\"noopener\">CNN<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DIVE DEEPER-<\/strong> You can catch our full coverage of Netflix\u2019s bid for Warner Bros here: <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2f7b9b59-6356-4bd1-8d70-283a39c95345\/the-netflix-takeover,-pt.-1\" style=\"\" rel=\"noopener\">Part 1<\/a> | <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5abe80eb-cb55-4f31-9943-13bf29d935d8\/the-netflix-takeover,-pt.-2\" style=\"\" rel=\"noopener\">Part 2<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, US President Donald Trump is threatening to impose a 5% tariff on Mexico if <\/strong><strong>it fails to release more water to the US<\/strong>, accusing the country of violating a 1944 water-sharing treaty that requires Mexico to send 1.75 mn acre-feet of Rio Grande water every five years. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/americas\/trump-threatens-mexico-with-5-tariff-increase-over-water-dispute-2025-12-08\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/livecoverage\/stock-market-today-dow-sp-500-nasdaq-12-08-2025\/card\/trump-threatens-mexico-with-tariffs-over-water-dispute-tMK534c9kr0LO5LAtjkV\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/12\/08\/us\/politics\/trump-tariffs-mexico-water.html\" style=\"\" rel=\"noopener\">New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/12\/08\/trump-threatens-mexico-with-5percent-tariff-increase-over-water-dispute.html\" style=\"\" rel=\"noopener\">CNBC<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/239.jpg?ssl=1\"\/><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>*** It\u2019s Going Green day \u2014 your weekly briefing of all things green in Egypt:<\/strong> EnterpriseAM\u2019s green economy vertical focuses each Tuesday on the business of renewable energy and sustainable practices in Egypt, everything from solar and wind energy through to water, waste management, sustainable building practices and how you can make your business greener, whatever the sector.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In today\u2019s issue: <\/strong>We dive into government efforts to expand alternative fuel production as demand accelerates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, friends, and a happy Tuesday to you all. It\u2019s another slow morning here in Egypt, with Suez Canal revenues and another local real estate developer setting up shop in the GCC leading the news well. PSA- WEATHER- It looks like Cairo is in for another rainy day, with the Egyptian Meteorological Authority forecasting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":676951,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7204],"tags":[72,7103,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-676950","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterpriseam","tag-suez-canal","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"64738ae9-63c2-401c-94b9-359b5b667f06","order":"2","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2025\/7\/170.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Suez Canal revenues see partial recovery","related_issue":[676948],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/12\/.c00b7e55-5182-4b27-ba61-33604a84aa18.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Suez Canal revenues see partial recovery - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/09\/suez-canal-revenues-see-partial-recovery\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Suez Canal revenues see partial recovery\" \/>\n<meta property=\"og:description\" content=\"Good morning, friends, and a happy Tuesday to you all. It\u2019s another slow morning here in Egypt, with Suez Canal revenues and another local real estate developer setting up shop in the GCC leading the news well. 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It\u2019s another relatively slow day on the home front today as we trudge towards the weekend. THE BIG STORY TODAY Suez Canal revenues are expected to hit USD 8.8 bn in 2023, which would mark a 10% y-o-y increase, Suez Canal Economic Zone\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/350.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548322,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/03\/suez-canal-revenues-hit-record-high-in-july\/","url_meta":{"origin":676950,"position":1},"title":"Suez Canal revenues hit record high in July","author":"enterpriseam admin","date":"3 August 2022","format":false,"excerpt":"Record Suez Canal revenues in July: Revenues at the Suez Canal reached a record high of USD 704 mn in July, Suez Canal Authority Chairman Osama Rabie said yesterday. This is 32% higher than July 2021. The strong revenues were backed by a rise in tonnage transiting the canal, which\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544424,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/suez-canal-revenues-jump-regulating-the-cosmetics-industry\/","url_meta":{"origin":676950,"position":2},"title":"Suez canal revenues jump + regulating the cosmetics industry","author":"enterpriseam admin","date":"2 March 2022","format":false,"excerpt":"Suez Canal revenues jump in February after toll hikes: Revenues were up 15.1% y-o-y to post USD 545.5 mn last month, canal authority head Osama Rabie said in a statement. The authority hiked transit tolls by 6% for most ships at the start of February, followed by another increase of\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":556198,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/14\/suez-canal-revenues-up-12-4-so-far-this-year\/","url_meta":{"origin":676950,"position":3},"title":"Suez Canal revenues up 12.4% so far this year","author":"enterpriseam admin","date":"14 October 2021","format":false,"excerpt":"The global rise in commodity prices is hitting local aluminium, as Egypt Aluminum has raised the price at which it sells to factories and distributors to EGP 55-66k per tonne, up by nearly EGP 4-5k from last month.Suez Canal Revenues were up 12.4% y-o-y between January and 12 October this\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592433,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/suez-canal-tugboat-tragedy-tops-headlines\/","url_meta":{"origin":676950,"position":4},"title":"Suez Canal tugboat tragedy tops headlines","author":"enterpriseam admin","date":"6 August 2023","format":false,"excerpt":"One crew member was killed in the collision","rel":"","context":"In &quot;EGYPT IN THE NEWS&quot;","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/224.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545521,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/03\/suez-canal-revenues-up-20-y-o-y-in-1q-2022\/","url_meta":{"origin":676950,"position":5},"title":"Suez Canal revenues up 20% y-o-y in 1Q 2022","author":"enterpriseam admin","date":"3 April 2022","format":false,"excerpt":"Suez Canal revenues rose 20% y-o-y in 1Q 2022 to USD 1.69 bn, the Suez Canal Authority (SCA) said in a statement. 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