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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Egypt Suez Canal Revenue Rises 12.4% in October

Ever Given, one of the world's largest container ships, is seen after sailing through Suez Canal in Ismailia, Egypt August 20, 2021. Suez Canal Authority/Handout via Reuters

Egypt's Suez Canal reported $551 million in revenue for the month of October, the canal authority's chairman, Osama Rabie, said on Tuesday.

The monthly revenue from transit through the canal increased 12.4% year on year, he added.

The canal's revenue reached $4.862 billion from Jan. 1 to Oct. 12, the canal chief said in October.

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