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Wednesday, November 22, 2017

Suez Canal January Revenues Dip

February 29, 2016

A Tanker navigates the Suez Canal (credit: Suez Canal Authority)

A Tanker navigates the Suez Canal (credit: Suez Canal Authority)

Egypt's Suez Canal revenues fell in January to $411.8 million from $429 million in December, data on the Suez Canal Authority's website showed on Monday.

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


Reporting by Ahmed Aboulenein

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