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Monday, January 22, 2018

Suez Canal Revenue $482.3 mln in October

Maritime Activity Reports, Inc.

December 4, 2014

Revenues from Egypt's Suez Canal reached $482.3 million at the end of October, up from $469.7 million in September, the state information website said on Thursday.

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 Stephen Kalin

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