Suez Canal brings in $423.4 million during December

Reuters, Sunday 9 Jan 2011

Revenue from the Suez Canal rose by 2.6 per cent in the last month of 2010

Suez Canal 1
Photo: Reuters

Revenue from Egypt's Suez Canal rose 2.6 per cent month-on-month to $423.4 million in December, the Suez Canal Authority website showed on Sunday.

Revenue in November was $412.8 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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