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Suez Canal revenue up 8.6pc to US$482.2 million in July

THE Suez Canal's revenue in July amounted to US$482.2 million, an increase of 8.6 per cent compared to June's $443.9 million, according to Egypt's state information portal, reported Reuters.

Suez Canal revenue up 8.6pc to US$482.2 million in July
26 August 2014 - 20:43
Suez Canal revenue up 8.6pc to US$482.2 million in July

THE Suez Canal's revenue in July amounted to US$482.2 million, an increase of 8.6 per cent compared to June's $443.9 million, according to Egypt's state information portal, reported Reuters.

As the quickest shipping route between Europe and Asia, the waterway is one of Egypt's main sources of foreign currency.

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