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

In this Wednesday, Feb. 4, 2015 photo, bulldozers and trucks work on a new section of the Suez Canal during a media tour in Ismailia, Egypt. (File Photo: AP)

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.

Last Update: Wednesday, 20 May 2020 KSA 09:45 - GMT 06:45