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2018 June 6   12:02

Suez Canal revenues up to 5.1 milliard dollars in ten months of fiscal year 2017/2018

Finance minister said that Suez Canal revenues in past ten months of fiscal year 2017/2018 that ends by 30 June have increased to about 5.1 milliard pounds. He added that he expects revenues of the whole year 2017/2018 reaching about 5.6 milliard dollars with an increase 14% than previous year. Also the Canal expansion will participate in increasing the Canal revenues to 13. milliard dollars by the year 2023. Worth noting that the Canal is the quick maritime shipping channel between Europe and Asia and a main source of currency for Egyptian government.

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