• 18:08
  • Thursday ,17 December 2015
العربية

Egypt Suez Canal revenue drops to $408.4 mln in November

By-aswatmasriya

Home News

00:12

Thursday ,17 December 2015

Egypt Suez Canal revenue drops to $408.4 mln in November

Egypt's Suez Canal revenue fell in November to $408.4 million from $449.2 million in October, data on the Suez Canal Authority's website showed on Wednesday.

The canal is the fastest shipping route between Europe and Asia and is one of the country's main sources of foreign currency. The November revenue was the lowest since February. (Reporting by Ehab Farouk; Writing by Ahmed Aboulenein; Editing by Dominic Evans)