Egypt's Suez Canal revenues rise to $471.5m in Dec

24th January 2018 By: Reuters

Egypt's Suez Canal revenues rose to $471.5-million in December from $462.7-million in November, official data showed on Wednesday.

The Suez Canal authority said earlier this month that revenues rose to $5.3-billion in 2017 from $5-billion in 2016.

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.