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EgyptBusiness & Economy

A retreat in Suez Canal's income in November '99

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The monthly news of the Egyptian Cabinet showed a decrease in the Suez Canal's revenues to $155.3 million in November 1999 from $165 million in October 1999, yet the news said the canal's revenues in November 1999 increased over the same period of 1998, as they reached $152.2 million.

The Suez Canal's revenues are considered to be among the most important sources of Egypt's national income, in addition to transfers from Egyptian workers abroad, tourism and petroleum.

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