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Egypt's Suez Canal Revenue at $434.8 mln

Maritime Activity Reports, Inc.

February 22, 2015

 

Revenues from the Suez Canal stood at $434.8 million in January, the state news agency said on Saturday, down from $445.5 million in December.

The fastest shipping route between Europe and Asia is one of Egypt's main sources of foreign currency.

A major expansion of the 145-year-old waterway is planned. (Reporting by Omar Fahmy; Writing by Yara Bayoumy; Editing by Alison Williams)
 

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