Suez Canal revenues increase to $483m

Daily News Egypt
1 Min Read
Prime Minister Ibrahim Mehleb said on Sunday that African presidents assured their attendance at the opening ceremony of the new Suez Canal project in August. (AFP Photo)
A recent report released shows that Suez Canal revenues increased 7% last month compared to the same time last year, while total revenues for May of this year reaching $438.1m. (AFP Photo)
A recent report released shows that Suez Canal revenues increased 7% last month compared to the same time last year, while total revenues for May of this year reaching $438.1m.
(AFP Photo)

A recent report released shows that Suez Canal revenues increased 7% last month compared to the same time last year, while total revenues for May of this year reached $438.1m.

The report, titled, “Social economic indicators for the month of July”, showed that net reserves for June 2013 reached $14.9bn, decreasing 3.9% compared to the same time last year.

The report further showed that total deposits for Egypt’s Central Auditing Organization reached EGP 1.159tn by last April, representing a 14.98% increase compared to the corresponding month in 2012.

The report showed that domestic liquidity in April reached EGP 1.252tn, increasing 18.33% compared to the same time last year.

Translated from Al Borsa newspaper

 

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