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Al Mayadeen's correspondent: The Lebanese Army is continuing its investigations and will later announce any information that does not affect the confidentiality of the investigation
Al Mayadeen's correspondent: It has not yet been determined whether the detainees belong to ISIS or another organization
Al Mayadeen's correspondent: Around 10 people of different nationalities, including Lebanese nationals, were detained
Al Mayadeen's correspondent: The Lebanese army arrested a number of people in the Matn area of Mount Lebanon with possession it has not disclosed
Gaza Civil Defense spokesman: We have strong indications that there are martyrs, injuries, and trapped people in the Salah al-Din area
Gaza Civil Defense spokesman: Citizens should avoid Salah al-Din Street because anyone who approaches it is at risk of being directly targeted
Gaza Civil Defense spokesman: Reality is that there is a very limited retreat of the vehicles, with the occupation forces providing cover undeer fire up to Salah al-Din Street
Gaza Civil Defense spokesman: Claims that the Israeli occupation has withdrawn from areas in the neighborhoods of al-Zaytoun, al-Tuffah, and al-Shujaiya are false
Hamas: The two delegations stressed that any negotiations must lead to the achievement of our people's goals and aspirations, foremost among which is ending the war and the complete withdrawal of enemy forces
Hamas: A delegation from the Hamas leadership, led by the head of the leadership council, Mohammad Darwish, met with an Islamic Jihad delegation, headed by its Secretary-General, Ziyad al-Nakhalah

Egypt's Suez Canal to offer incentives for eco-friendly ships

  • By Al Mayadeen Net
  • Source: Agencies
  • 3 Jan 2022 15:11
2 Min Read

The Canal announced on Sunday that its annual revenues were $6.3 billion last year, the highest in the vital waterway's history.

  • x
  • Egypt's Suez Canal to offer incentives for eco-friendly ships
    20,649 vessels passed through the Suez Canal last year.

Egypt's Suez Canal Authority (SCA) intends to offer financial incentives to ships that adhere to environmentally friendly standards, according to the Egyptian daily El Watan, citing a TV interview with SCA Chairman Osama Rabieh.

The Suez Canal in Egypt announced on Sunday that its annual revenues reached $6.3 billion last year, the highest in the waterway's history. The Suez Canal Authority's Head, Admiral Osama Rabei, said last year's revenues increased 12.8 % to 2020 when the canal earned $5.6 billion.

He stated in a statement that 20,649 vessels passed through the Suez Canal last year, a 10% increase from 18,830 vessels in 2020.

The Suez Canal, which connects the Mediterranean and Red seas, carries about 10% of global trade, including 7% of global oil. The canal, which first opened in 1869, provides Egypt with both national pride and foreign currency. The unprecedented 2021 revenues came as the shipping industry is still reeling from the effects of a two-year coronavirus pandemic.

The canal, one of the world's most important waterways, was closed for six days in March after a massive Panama-flagged container ship, the Ever Given, ran aground in the waterway's single lane.

  • Suez Canal Authority
  • Egypt
  • Suez Canal
  • Suez
  • Suez Canal Authority (SCA)

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