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Egypt Suez Canal revenue at $433.1 million in April

Earnings from the waterway dip a mild 0.3 per cent year-on-year, state figures show

Reuters, Wednesday 9 May 2012
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Views: 648

Revenue from Egypt's Suez Canal fell 0.3 per cent in the year to April, the Egyptian Information Portal showed on Wednesday.

Revenue decreased to $433.1 million in April from $434.6 million in April 2011. Revenue in March was $428 million.
The waterway is a vital source of foreign currency in Egypt, along with tourism, oil and gas exports and remittances from Egyptians living abroad. 
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