Egypt’s Suez Canal revenues ‘driven down by slowing global economy’

The ongoing slow down in the global economy has driven down revenues from the Suez Canal, one of Egypt’s main sources of foreign currency, head of the Suez Canal Authority, Mohab Mamish, told business daily Al-Borsa. Revenues from the canal dropped 9.4 percent in August to $462.1 billion, from $510 billion in the same period …
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Author: hellenicshippingnews

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