News |

Egypt's Suez Canal profits sink after completion of $9bn mega-project

Monthly profits down four percent since inauguration of widened waterway, but head of canal authority blames 'campaign of distortion'

President Sisi surveys the New Suez Canal shortly before its inauguration in August (AFP)

By MEE staff

Published date: 28 October 2015 16:03 GMT | Last update: 9 years 5 months ago

Middle East Eye delivers independent and unrivalled coverage and analysis of the Middle East, North Africa and beyond. To learn more about republishing this content and the associated fees, please fill out this form. More about MEE can be found here.

Egypt Turmoil

Egyptian president says costs of new Suez Canal already recouped

Suez Canal opening celebrations bring Cairo to a halt

Religion

New Suez Canal is 'victory from God,' state-sanctioned sermon tells Egyptians

Egypt's Suez Canal profits sink after completion of $9bn mega-project

Read more