Latest News for: Suez net

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Suez Canal Bank's Net Profits Reach EGP 1.36Bn In September 2023, Growing By 85%

MENA FN 20 Nov 2023
(MENAFN - Daily News Egypt) The Suez Canal Bank has announced that its net profits increased to EGP 1.36bn in September 2023, compared to EGP 735m in September 2022, achieving a growth rate of ... .
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Veolia Environnement: Key Figures at 30 September 2023

Market Watch 09 Nov 2023
... of the EPS accretion(3) of around 40% in 2024 -- Leverage ratio below 2.9x(2) -- Dividend growth in line with current EPS growth (1) At constant scope and forex (2) Before Suez PPA (3) Current net income per share after hybrid costs and before PPA Agenda 11 January 2024 .
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DAI, Siemens Energy join forces for green ammonia project

SAFETY4SEA 06 Nov 2023
The location of the plant next to the Suez Canal and within the perimeters of the harbour in East Port Said, Egypt will ensure bunkering services for the green ammonia fuelled vessels that pass the Suez Canal. The IEA’s updated Net Zero Roadmap projects ammonia to lead ...
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Flamingos migrating from Europe decorate Port Fouad Reserve

Egypt Independent 31 Oct 2023
They then land in the reserve located between the Mediterranean and Lake Manzala, successfully eluding the nets of Port Said fishermen set up in the al-Dhahra area to catch quail.
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Maersk produces green fuel in Egypt

Watani 04 Oct 2023
On 4 October a framework agreement was signed at the Cabinet headquarters in the New Administrative Capital, to establish a USD3 billion project to produce green fuel and its derivatives in the Suez Canal Economic Zone (SCZONE) at Shokha south of Suez ... The new project is aimed for ship bunkering supplies and to achieve net zero carbon emissions.
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Suez Canal Bank Announces 134% Increase In Net Profit To Egp 628M During 1H 2023

MENA FN 14 Aug 2023
(MENAFN - Daily News Egypt) Hussein Rifai, Chairperson and Managing Director of the Suez Canal Bank, said that the bank's net profits increased to EGP 628m in June 2023, compared to EGP 268m in ... .
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Veolia Environnement: Another Half-Year of Strong Results Growth Despite the Macro-Economic Context

Market Watch 03 Aug 2023
... line with current EPS growth (1) At constant forex and without extension of the conflict beyond the Ukrainian territory and without significant change in the energy supply conditions in Europe (2) Before Suez PPA (3) Current net income per share after hybrid costs and before PPA.
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Egypt’s macroeconomic conditions improving, says minister

Arab News 18 Jun 2023
RIYADH ... The minister attributed the development to the country’s digitalization efforts ... He stated that net foreign direct investments grew by 75 percent to reach $5.7 billion noting that the Suez Canal revenues amounted to $4 billion ... ....
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Will Red Sea shark attack bite into Egypt's tourism revival hopes?

Arab News 13 Jun 2023
The Egyptian tourism sector is one of the most important sources of foreign currency, along with exports, revenues from the Suez Canal, remittances from Egyptians abroad, and net foreign direct investment flows,” Ihab El-Gamal, an Egyptian economics researcher, told Arab News.
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161% Increase In Net Profit Of Suez Canal Bank In 1Q 2023

MENA FN 31 May 2023
(MENAFN - Daily News Egypt) Hussein Refaey, Chairperson and Managing Director of the Suez Canal Bank, said that the bank's net profits reached EGP 251m in March 2023, compared to EGP 96m in March ... .
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Suez Canal navigation unaffected by friction accident between two tankers

Egypt Independent 05 Apr 2023
Back in March, the Suez Canal recorded the highest daily crossing rate in its history on Monday as 107 ships crossed from multiple directions of the canal with a total net tonnage of 6.3 million tons, the head of the Suez Canal Authority Osama Rabie announced.
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Suez Canal sees its highest daily crossing rate ever

Hellenic Shipping News Worldwide 15 Mar 2023
The Suez Canal recorded the highest daily crossing rate in its ...
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Egypt’s economy expected to grow over 4%, unemployment rate drops to 7%


Arab News 14 Mar 2023
Suez Canal revenues totaled $2.2 billion in the second quarter, up from $1.7 billion in the same period a year earlier ... Suez traffic. Navigation traffic in the Suez Canal recorded its highest-ever daily transit rate, with 107 ships crossing from both directions without waiting and a total net tonnage of 6.3.
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SCA Chief: New Suez Canal contributes to increasing daily transit rate

Egypt Today 13 Mar 2023
“The [digging of] new Suez Canal ... The Suez Canal has recorded its highest daily transit rate as 107 ships are set to cross the international trade route on Monday with net tonnage of 6.3 million tons, Chairman of the Suez Canal Authority Osama Rabie has said in a statement.
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Photos: Egypt’s Suez Canal sees all-time highest daily transit rate Monday: SCA chief

Egypt Today 13 Mar 2023
The Suez Canal has recorded its highest daily transit rate as 107 ships are set to cross the international trade route on Monday with net tonnage of 6.3 million tons, Chairman of the Suez Canal Authority Osama Rabie has said in a statement ... The Suez Canal achieved in ...

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