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HomeWorldSuez Canal revenue at $433m in April

Suez Canal revenue at $433m in April

Revenue from Egypt’s Suez Canal fell 0.3 percent in the year to April, the Egyptian Information Portal showed on Wednesday. Revenue decreased to $433.1 million in April from $434.6 million in April 2011. Revenue in March was $428 million.

The waterway is a vital source of foreign currency in Egypt, along with tourism, oil and gas exports and remittances from Egyptians living abroad.

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