Mohab Memish: Suez Canal revenues during 2018 are the highest in history

The head of Suez Canal Authority, Mr. Mohab Mmeish, said that the revenues achieved by the Suez Canal this year are the highest in history.

"The Suez Canal witnessed an increase of 16.7% in some months compared to its counterparts in the previous year, which made there is an abundance of 13% in the dollar, and this figure has not happened in the history of Suez Canal before, and continued: "This has made there 5.6 billion dollars in one year."

The Suez Canal development projects should not stop, especially the maritime services provided to transiting vessels, in light of the increase in the volume of international trade, he added. "There is a trans-Suez crossing that paid 820,000 dollars.