Egypt affirms Suez Canal safe; August revenues up 56.7% to $567.1M

Suez Canal Authority chairman asserts the waterway is safe and traffic is normal, citing a 56.7% year-on-year revenue rise in August to $567.1M. The statement counters lingering security concerns from regional tensions, though it does not address specific threats. The revenue jump signals resilient trade flows through the canal, a key chokepoint for global shipping.