• 05:45
  • Tuesday ,17 April 2018
العربية

Egypts Suez Canal revenues rise to $463 mln in March: Newspaper

By-Ahram

Home News

00:04

Tuesday ,17 April 2018

Egypts Suez Canal revenues rise to $463 mln in March: Newspaper

Egypt s Suez Canal revenues rose to $463 million in March from $435.8 million in February, local financial newspaper Al-Borsa reported on Monday.

The canal s revenues for the first quarter of 2018 rose by 12.9 percent year-on-year to reach $1.351 billion, the newspaper said.
 
The Suez Canal is the fastest shipping route between Europe and Asia and one of the main sources of foreign currency for the Egyptian government.