Latest News for: Suez net

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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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New Record for Daily Transits of the Suez Canal

The Maritime Executive 13 Mar 2023
The Suez Canal set a record for the number of transits through the waterway in a single day ... The Suez Canal Authority reports that a total of 7.3 million tons transited the canal today ... The Suez Canal’s Chairman, Admiral Ossama Rabiee highlighted that the new volumes would not have been achieved without the New Suez Canal project.
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Egyptian authorities refloat grounded container ship in Suez Canal

Arab News 07 Mar 2023
The Suez Canal Authority has refloated a grounded container ship, MSC ISTANBUL, in a tugboat operation. The vessel ran aground during its crossing of the Suez Canal in its northbound transit from Malaysia to Portugal ... The income from the canal was about 25 percent higher than the $6.3 billion netted in 2021.
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Cargo ship runs aground in Suez Canal, traffic not impacted

Gulf News 05 Mar 2023
A cargo vessel ran aground in the Suez Canal on Sunday, but traffic through the global waterway was not impacted, Egyptian authorities said ... Cargo vessel stuck in Suez Canal refloated, minor delays expected Egypt’s Suez Canal nets $8 billion in new annual record Why did the Suez crisis become a major news story worldwide.
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Veolia 2022 Net Pft EUR716M

Market Watch 02 Mar 2023
"The growth of our EBITDA of 7.2%, of our current EBIT of 16.3%, and of our current net income of 29.7%, exceeded all our objectives, in particular thanks to the very effective implementation of the synergies resulting from the merger with Suez ...
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Veolia: 2022 Annual Results

Market Watch 02 Mar 2023
EUR 896 million at 31 December 2021 published (+29.7% at current FX and +27.7% at constant FX) -- The cost of net financial debt was -EUR707m, of which -EUR226m due to the consolidation of Suez's net financial debt ... -- Net impact of the acquisition of Suez for EUR8,664 million including.

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