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Suez Canal records highest revenues since 1869

: Thursday, July 03 - 2014 @ 03:54

Mohab Memish, head of Egypt’s Suez Canal, has said the country’s vital waterway saw the highest annual revenue in its history in the fiscal year 2013/14, Ahram has reported. The Egyptian canal brought in $5.3bn during the period, the highest revenues since its opening in 1869, and representing a 5.5% increase from the last fiscal year, Memish said.

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Thursday, July 3- 2014 @ 3:54 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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