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Egypt Suez Canal revenue down 1 percent in year to Feb

Egypt Suez Canal revenue down 1 percent in year to Feb

Revenue from Egypt's Suez Canal inched down 1 percent in the year to February, the Egyptian Information Portal website showed on Saturday.

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March 11, 2012 1:00 by



Revenue fell to $381.4 million in February from $388.7 million in February 2011, the website said. Revenue in January 2012 was $445.8 million.

The waterway is a vital source of foreign currency in Egypt, along with tourism, oil and gas exports and remittances from Egyptians living abroad. (Reporting by Mohamed Samir; Writing by Shaimaa Fayed)



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