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Egypt's Suez Canal revenues fall to $427.2 mln in June

Egypt's Suez Canal revenues fell to $427.2 million in June from $439.8 million in May.
03.08.17 | Source: The Daily Star

Egypt's Suez Canal revenues fell to $427.2 million in June from $439.8 million in May, a cabinet statement said on Wednesday. The canal is the fastest shipping route between Europe and Asia and one of the Egyptian government's main sources of foreign currency. Egypt has been struggling to revive its economy since a 2011 uprising scared away tourists and foreign investors, key earners of hard currency.

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