Suez Canal revenue tops $379m in March

11 Apr 2010

(MENAFN) Revenue from Egypt’s Suez Canal rose to $379.4 million in March, the government said, up from $327.9 million a year earlier, Reuters reported.

The canal’s revenues also rose month-on-month, from $334.1 million in February, according to the government.

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

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