Cairo – Mubasher: Revenues of the Suez Canal increased by 1.6% month-on-month, or $7.9 million, in August.
Revenues grew for the third consecutive month to $502.2 million, compared to $494.3 million in July, according to official data.
Head of the Suez Canal Authority (SCA) Mohab Mamish previously said that revenues of the Suez Canal went up $600 million, or by 11% year-on-year, to $5.6 billion in fiscal year 2017/2018.
The Suez Canal's revenues increased by 5.4% during the full-year 2017, recording $5.3 billion.
