Egypt’s Suez Canal Revenues Reach $3.7 Bln in 10 MonthsSource: www.export-egypt.com 11/22/2016, Location: Africa |
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 Egypt’s Suez Canal revenue reached $3.7 billion in ten months in 2016, state-owned news agency reported.
According to statistics issued from the Suez Canal Authority, a total of 9,745 ships crossed the suez canal in this period. The waterway is one of Egypt’s core sources of income, providing about 10 percent of the nation’s hard currency. In 2014, Suez Canal revenues registered $5.456 billion, marking 6.75 percent growth compared to $5.111 billion a year earlier. |
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