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Elham AbolFateh

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Suez Canal revenues rise to $1.44 bln in 3 months، CBE

Thursday 10/January/2019 - 04:38 PM
Sada El Balad
Hassnein Tayea
Suez Canal revenues marked an increase of 3.4 percent، or $1.44 billion، during the three months of July، August and September 2018، according to the Central Bank of Egypt in its recent report issued on Thursday.

On a month-on-month basis، the canal's revenues recorded $435.8 million in February with a 3.56 percent decrease from January revenues، which recorded $541.9 million.

The Central Agency for Public Mobilization and Statistics said earlier that the revenues of Suez Canal reached LE 12.2 billion in the first quarter of 20172018، compared to LE 11.5 billion in the first quarter of the prior year، with a 6.1 percent increase.

In 2017، Suez Canal revenues rose to $5.3 billion from $5 billion in 2016.

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