# Suez Canal earns revenue of $3 billion in first half of 2021 &#8211; chairman
Published: 2021-07-05
Category: Headlines
Category URL: https://brandsjournal.com/category/headlines/
Meta Title: Suez Canal Revenue Hits $3 Billion in First Half of 2021
Meta Description: Discover how Egypt&#039;s Suez Canal revenue soared 8.8% in 2021, buoyed by recent developments including the release of the Ever Given container ship.
URL: https://brandsjournal.com/suez-canal-earns-revenue-of-3-billion-in-first-half-of-2021-chairman/

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CAIRO (Reuters) – Egypt’s Suez Canal earned revenue of $3 billion in the first six months of 2021, up 8.8% compared with the same period last year, Osama Rabie, the canal authority chairman, said on Sunday.

The canal authority will receive a tug boat with a pulling capacity of about 75 tonnes‮ ‬as part of a settlement to release the container ship Ever Given, which blocked traffic at the waterway for six days in March, Rabie told a private TV channel.

(Reporting by Omar Fahmy; Writing by Mahmoud Mourad; Editing by Daniel Wallis)


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