Suez Canal revenues reach $1.3bn in Q1

Cairo – Mubasher: The revenues of Suez Canal declined by 4.8% in the first quarter of the current fiscal year, according to the Central Bank of Egypt (CBE).

CBE said in its report on Saturday that the revenues reached $1.3 billion in the three-month period that ended on 30 September, compared to $1.366 billion in the same period last year.

The CBE announced earlier that the canal income went down by 4.5% in the fiscal year 2015-2016 as it totaled $5.1 billion.

Mubasher Contribution Time: 31-Dec-2016 18:02 (GMT)
Mubasher Last Update Time: 31-Dec-2016 18:50 (GMT)