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Egypt's Suez Canal revenue at $482.3 mln in October

Thursday 04-12-2014 03:56 PM
Egypt's Suez Canal revenue at $482.3 mln in October

Cargo ship in Suez Canal- Aladdin Abdulnabi/Reuters.

By

CAIRO, Dec 4 (Reuters) - Revenues from Egypt's Suez Canal reached $482.3 million at the end of October, up from $469.7 million in September, the state information website said on Thursday.

The fastest shipping route between Europe and Asia is one of Egypt's main sources of foreign currency.

A major expansion of the 145-year-old waterway is planned. (Reporting By Stephen Kalin; Editing by Andrew Heavens)

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