{"id":460548,"date":"2018-06-18T16:33:12","date_gmt":"2018-06-18T15:33:12","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=460548"},"modified":"2018-06-18T16:33:12","modified_gmt":"2018-06-18T15:33:12","slug":"the-suez-canal-brings-in-5-billion-in-10-months","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/06\/18\/the-suez-canal-brings-in-5-billion-in-10-months\/","title":{"rendered":"The Suez Canal brings in $ 5 billion in 10 months"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Suez Canal sales in Egypt for the first ten months of the 2017-2018 fiscal year ending in June reached about $ 5.1 billion, Finance Minister Amr El Garhy reported on Sunday. the Egyptian MENA news agency.<\/p>\n<p>Garhy did not provide comparative figures, but said he expects revenues for the entire 2017-18 fiscal year to be about $ 5.6 billion, an increase of 14 percent compared to the previous year, according to the MENA.<br \/>\nAccording to data from the central bank, the Suez Canal in Egypt generated $ 4.95 billion in revenue in the 2016-17 fiscal year.<\/p>\n<p>Egypt said earlier that an expansion of the $ 8 billion military-led channel in 2015 would increase channel revenues to $ 13 billion by 2023 and a sprawling economic zone along the way. of the canal would represent about one-third of the economy.<br \/>\nFlagship project of President Abdel Fattah Al Sissi, the expansion of the Suez Canal is supported by the main allies of Egypt.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Suez Canal sales in Egypt for the first ten months of the 2017-2018 fiscal year ending in June reached about $ 5.1 billion, Finance Minister Amr El Garhy reported on Sunday. the Egyptian MENA news agency. Garhy did not provide comparative figures, but said he expects revenues for the entire 2017-18 fiscal year to be<\/p>\n","protected":false},"author":527180,"featured_media":460549,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12026,12036],"tags":[15010],"class_list":{"0":"post-460548","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-merchant-navy-fisheries","8":"category-sectors","9":"tag-suez-canal","10":"post_format-post-format-aside","11":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The Suez Canal brings in $ 5 billion in 10 months - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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