Egypt- Suez Canal’s annual revenue hits $4.5b

10 Aug 2010

(MENAFN) The Suez Canal, one of the top sources of national income of Egypt, generated revenues amounting to $4.542 billion during the fiscal year (2009/2010), which ended in June, Reuters reported.

According to the Suez Canal Authority (SCA), the canal achieved during the month of July revenues totaling $406.2 million as a result of 1,554 ships crossing the canal in the month.

The SCA said that tonnage transported through the canal amounted to $71.9 million worth, an increase of 23.3 million from the same month last year, when the canal reported $64.9 million worth of transported goods.

The navigational statistics of the Suez Canal Authority stated on Sunday that the increase in the revenues during the month of July amounted to 6 percent, compared to the corresponding period last year, in addition to an increase in cargo totaling 7 tons.

More News

This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more

This site is registered on as a development site.