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World

Egypt's Suez Canal annual revenue rises to $5.9bn

Published August 6, 2019 Updated August 6, 2019 11:51am

CAIRO: Annual revenue from Egypt's Suez Canal rose by $300 million to $5.9 billion, the canal authority chairman said on Tuesday.

The canal is the fastest shipping route between Europe and Asia and one of the Egyptian government's main sources of foreign currency.

Copyright Reuters, 2019

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