Economy News

Egypt’s Suez Canal revenues reach $544.7 million in Jan – statement

DUBAI (Reuters) – Egypt’s Suez Canal registered revenues of $544.7 million in January, up from $495.7 million in the same month a year prior, the canal authority said in a statement on Tuesday.

The canal is the fastest shipping route between Europe and Asia and one of the Egyptian government’s main sources of foreign currency.

Source : Reuters/

A cargo ship is seen crossing through the New Suez Canal, Ismailia, Egypt, July 25, 2015. REUTERS/Stringer

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