Tuesday 29 July 2014

Egypt's Suez Canal Jan revenues down at $416m

Cairo, February 9, 2011

Revenue from Egypt's Suez Canal dropped 1.6 per cent to $416.6 million in January from $423.4 million in December, a state website showed on Wednesday.

The waterway is a vital source of foreign currency in Egypt, along with tourism, oil and gas exports and remittances from Egyptians living abroad.-Reuters

Tags: Egypt | economy | GDP | finance | Foreign currency | Suez Canal revenues |

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