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The Suez Canal Bank was founded in 1978 in Ismailia, a city in eastern Egypt, with authorized capital of £E 10 million and paid-in capital of £E 2.5 million. In 1982, the company offered its initial public offering on the Egyptian Exchange. The company opened an Islamic banking branch in Dokki in 1983. In 1998, the company was upgraded to ...
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Bank of Nova Scotia, sold to Arab African International Bank [4] National ICICI Bank Egypt sold, to QNB Al Ahli; BNP Paribas Egypt, sold to Emirates NBD [5] Piraeus Bank Egypt, sold to Al Ahli Bank Of Kuwait [6] Crystal Jmaad Global Bank; Bank Audi, sold to First Abu Dhabi Bank; KB Kookmin Bank Egypt, sold to Mashreq Bank; Blom Bank, sold to ...
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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 Suez Company or Suez Canal Company, full initial name Compagnie universelle du canal maritime de Suez (Universal Company of the Maritime Canal of Suez), [1] sometimes colloquially referred to in French as Le Suez ("The Suez"), [2] [3] was a company formed by Ferdinand de Lesseps in 1858 to operate the Egyptian granted concession of the Suez Canal, which the company built between 1859 and 1869.
The Suez Canal at Ismailia by the northern bank of Lake Timsah, c. 1860. Completion of the segment brought waters from Lake Manzaleh to Lake Timsah. Suez Canal construction in the vicinity of Lake Timsah began in 1861 on the segment north of the lake. [12]
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