Egypt's Suez Canal revenues rise to $422 million in April

Ahram Online , Wednesday 20 May 2015

Suez canal
Dredger float on a new section of the Suez canal during a media tour in Ismailia, Egypt (Photo: Reuters)

Revenues from Egypt’s Suez Canal reached $422.1 million last April, according to official data released on Wednesday.

The international waterway, which is the fastest shipping route between Europe and Asia, saw $420.1 million in revenues during the previous month, according to the Egyptian cabinet's Information and Decision Support Centre (IDSC).

The Suez Canal is one of the main sources of foreign currency for Egypt.


Short link: