World

Suez Canal June revenue up at $445.2mn

CAIRO : Revenue from Egypt 's Suez Canal raised 16 percent year on year to $445.2 million in June, up 2 percent from
Published Updated

Revenue in June 2010 was $383.7 million. In May 2011 it was $436.6 million.

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

Copyright Reuters, 2010