• 07:09
  • Wednesday ,21 June 2017
العربية

Egypts Suez Canal revenue rises to $439.8 mln in May from $427.9 mln in April

By-Ahram

Home News

00:06

Wednesday ,21 June 2017

Egypts Suez Canal revenue rises to $439.8 mln in May from $427.9 mln in April

Egypt s Suez Canal revenues rose to $439.8 million in May from $427.9 million the previous month, a cabinet statement said on Tuesday.

The canal is the fastest shipping route between Europe and Asia and one of the Egyptian government s main sources of foreign currency. Egypt has been struggling to revive its economy since a 2011 uprising scared away tourists and foreign investors, key earners of hard currency.