Egypt’s Suez Canal Q1 revenue at $1.69 billion – statement

Reuters

CAIRO – Egypt’s Suez Canal recorded revenue of $1.69 billion in the first quarter of 2022, up from $1.4 billion in the same period a year prior, the canal authority said in a statement on Saturday.

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

(Reporting by Yusri Mohammed; writing by Moataz Mohamed; Editing by Kirsten Donovan)

tagreuters.com2022binary_LYNXNPEI3106C-BASEIMAGE

You appear to be using an ad blocker

Shore News Network is a free website that does not use paywalls or charge for access to original, breaking news content. In order to provide this free service, we rely on advertisements. Please support our journalism by disabling your ad blocker for this website.