Suez Canal revenue at $433m in April

Cairo, May 10, 2012

Revenue from Egypt's Suez Canal fell 0.3 percent in the year to April, the Egyptian Information Portal showed on Wednesday. Revenue decreased to $433.1 million in April from $434.6 million in April 2011.

Revenue in March was $428 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 | tourism | Suez Canal |