Suez Canal Revenues Rise to $5.3 Bln

Egypt's Suez Canal revenues rose to $5.3 bln in 2017 from $5 bln in 2016, a statement by the Canal authority said on Thursday.

News ID: 78029

Date: 08 January 2018 - 11:12

The canal is the fastest shipping route between Europe and Asia and one of the Egyptian government's main sources of foreign currency.

Its revenues were at $462.7 million in Nov. 2017.