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Suez Canal revenue rises to $429m in July

CAIRO, September 5, 2016

Egypt's Suez Canal revenue rose by 2.5 per cent in July from a month earlier, data from the Cabinet Information Center showed.

Suez Canal revenue reached $429 million in July compared with $418.7 million in June.

The canal is one of Egypt's main sources of foreign currency. Egypt has been struggling to revive its economy since a 2011 uprising scared away tourists and foreign investors, other main sources of hard currency. – Reuters
 




Tags: Egypt | Suez Canal |

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