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Egypt's Suez Canal revenue up 7pc

Cairo, February 9, 2012

Revenue from Egypt's Suez Canal rose 7 percent in the year to January, the Egyptian Information Portal website showed on Thursday.

Revenue rose to $445.8 million in January from $416.6 million in January 2011, the website said. Revenue in December 2011 was $443.7 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 | Cairo | Suez Canal | Revenue |

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