Egypt's Suez Canal revenues rise to $479.3 mln in April

Reuters , Tuesday 22 May 2018

Suez Canal
File Photo: A container ship passes through the Suez Canal (Photo: Suez Canal Authority)

Egypt's Suez Canal revenues rose to $479.3 million in April, up from $463 million in March, official statistics on Tuesday showed.

The Suez Canal is the fastest shipping route between Europe and Asia and one of the main sources of foreign currency for the Egyptian government.

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