Egypt's Suez Canal August revenue increases to $446.6m

Reuters, Monday 10 Sep 2012

Income from vital waterway is up 3 per cent on the month before, state figures show

Revenue from Egypt's Suez Canal rose 3 per cent to $446.6 million in August compared to the previous month, a state information portal showed on Monday.

Revenue in July was $433.1 million. In August 2011 it was $472.9 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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