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

Suez Canal Sees Record Monthly Revenue in April on Higher Traffic

Suez Canal Suez Osama Rabie Egypt Mediterranean Pandemic Red
A shipping container passes through the Suez Canal in Suez, Egypt February 15, 2022. Picture taken February 15, 2022. REUTERS/Mohamed Abd El Ghany

Egypt's Suez Canal recorded its highest monthly revenue to date in April, reaping $629 million in ship transit fees, the authority managing the waterway said on Sunday, as traffic rebounded from the impact of the pandemic.

The monthly revenue in April was 13.6% higher than a year ago, canal authority chairman Osama Rabie said in a statement.

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