Egypt's revenues from Suez Canal trade recorded a three-year low in February after registering $375.8 million compared to $401.4 million the same month last year, according to data from the Suez Canal Authority published by the state-run Egypt Information Portal (EIP).
In February 2014, Suez Canal receipts recorded $339 million in revenue.
In February of this year, 1,286 ships passed through the Egyptian waterway compared to 1,369 the month before, EIP stated.
Receipts declined slightly last month compared to January, when it registered $395.2 million.
The canal, which is the fastest shipping route between Europe and Asia, is one of Egypt's main sources of foreign currency
Source: Ahram online
GMT 12:49 2018 Tuesday ,16 January
Tabarak Buys Majority Stake in a Private CompanyGMT 16:01 2017 Tuesday ,19 December
BCCI board elections date setGMT 08:05 2017 Sunday ,17 December
Malaysian Premier praises EDBGMT 09:58 2017 Saturday ,16 December
Saudi Arabia launches new SR30bn export bankGMT 08:30 2017 Saturday ,09 December
World Bank signs $1.15 billion loan with EgyptGMT 11:50 2017 Friday ,08 December
Reopening of SABIC office in Iraq to benefit both sides: ExpertsGMT 17:18 2017 Thursday ,07 December
EDB highlights Bahrain investment advantagesGMT 14:44 2017 Tuesday ,05 December
Saudi oil minister reaffirms OPEC output squeezeMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©