Suez Canal revenue up 7 pct in year to Jan

DNE
DNE
1 Min Read

CAIRO: 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.

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