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Suez Canal July revenue tops $ 449 m

Aug 21, 2011 2:48:45 PM - www.ft.lk

Reuters: Revenue from Egypt’s Suez Canal rose 11 per cent year on year to $ 449.2 million in July, up 0.9 per cent from a month earlier, a Government portal showed on Wednesday.      

Revenue in July 2010 was $ 406.2 million. In June 2011 it was $ 445.2 million.
The waterway is a vital source of foreign currency in Egypt, along with tourism, oil and gas exports and remittances from Egyptians living abroad.

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