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Suez Canal revenue falls to $388m in Feb

Cairo, March 10, 2012

Revenue from Egypt's Suez Canal inched down one per cent in the year to February, the Egyptian Information Portal website showed on Saturday.

Revenue fell to $381.4 million in February from $388.7 million in February 2011, the website said. Revenue in January 2012 was $445.8 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.-Reuters




Tags: Egypt | Suez Canal |

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