Egypt's Suez Canal says its monthly revenues have hit an all-time record, raking in $629 million in April.
FILE - A cargo ship sails through the town of Ismailia, Egypt, March 30, 2021. Egypt’s Suez Canal said Sunday, May 1, 2022, that its monthly revenues have hit an all-time record, raking in $629 million in April. The unprecedented income came as the Suez Canal in March increased transit fees for ships passing through the waterway.
The unprecedented income came as the Suez Canal in March increased transit fees for ships passing through the waterway. He said the revenues rose by 13.9% compared to April last year when the crucial waterway received $553.6 million.
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