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In total, 20,649 vessels transited the Suez Canal in 2021 - an increase of 10% over 2020. [7] In 2022, annual revenue stood at $8 billion in transit fees. [8] The Suez Canal set a new record with annual revenue of $9.4 billion in USD for the fiscal year that ended June 30, 2023. [9] Suez Canal monthly revenue In USD
The Border Guard Corps is a militarised corps subordinate to the Egyptian Army.It is tasked with the protection of Egypt's land and sea borders. The corps is in charge of protecting the Suez Canal and stopping the movement of illegal immigrants, smuggling, human trafficking, and illegal narcotics into and out of Egypt.
The Suez Canal (/ ˈ s uː. ɛ z /; Arabic: قَنَاةُ ٱلسُّوَيْسِ, Qanāt as-Suwais) is an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea to the Red Sea through the Isthmus of Suez and dividing Africa and Asia (and by extension, the Sinai Peninsula from the rest of Egypt).
The canal is a key source of scarce foreign currency for indebted Egypt, which spent an estimated $8.2 billion on an expansion of the canal that opened in 2015 and included the creation of a 35-km ...
A container ship blocking the Suez Canal like a "beached whale" may take weeks to free, the salvage company said, as officials stopped all ships entering the channel on Thursday in a new setback ...
The war saw protracted conflict in the Suez Canal Zone, ranging from limited to large scale combat. Israeli shelling of the cities of Port Said , Ismailia , and Suez on the west bank of the canal, led to high civilian casualties (including the virtual destruction of Suez), and contributed to the flight of 700,000 [ 2 ] Egyptian internal refugees.
Satellite images from last week showed the 1,312-foot-long ship with its bow wedged into the eastern bank at a diagonal across the roughly 656-foot-wide Suez Canal, choking off a crucial maritime ...
This figure rises to 1,400,000 by including Western Sinai, the parts of the Port Said, Ismailia and Suez Governorates lying east of the Suez Canal. Port Said alone has a population of roughly 500,000 people (January 2013). Portions of the populations of Ismailia and Suez live in west Sinai, while the rest live on the western side of the Suez Canal.