Suez Canal revenues rise 4% in March, April

Cairo – Mubasher: Egypt’s revenues from the Suez Canal increased by 4.1% year-on-year or $33.2 million in March and April, according to official figures, Mohab Mamish, chairman of the Suez Canal Authority, said on Wednesday.

Revenues amounted to $853.7 million in the past two months, compared to $820.4 million for the same two months last year.

Last February, the canal’s income fell 6.6% to $375.8 million, compared to $402.6 million for February 2016.

Mubasher Contribution Time: 10-May-2017 10:00 (GMT)
Mubasher Last Update Time: 10-May-2017 12:01 (GMT)