The SCA was established in 1956 to manage, maintain, and improve the Suez Canal’s operations, reporting directly to Egypt’s Prime Minister. The company employs 14,000 people. It reported revenues of $6.3 billion in 2021, an increase of 12.8% compared to 2020 and the highest in its history. In the same year, 1.3 billion in net tonnes was shipped through the Suez Canal via 20,694 ships. Rabie assumed his current role through a presidential decree in 2019.