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Egypt Suez Canal revenue at $469.7 mln in September
Monday 27-10-2014 12:24 PM
Cargo ship in Suez Canal- Aladdin Abdulnabi/Reuters.
CAIRO, Oct 27 (Reuters) - Revenues from Egypt's Suez Canal reached $469.7 million in September, down from a record $510 million in August, the state information website said on Monday.
The waterway, the fastest shipping route between Europe and Asia, is one of Egypt's main sources of foreign currency.
A major expansion of the existing 145-year-old waterway is planned. (Reporting By Stephen Kalin; Editing by Alison Williams)
