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Suez Canal revenue at $434.8 mln in January: Egypt news agency

The revenue was down from $445.5 million in December

Published: Updated:

Revenues from the Suez Canal stood at $434.8 million in January, the state news agency said on Saturday, down from $445.5 million in December.

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.