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EgyptBusiness & Economy

Suez Canal income $28.5 billion since reopening in 1975

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Ahmed Fadel, the head of the Suez Canal, said in press statements today that the canal's income since it reopened on June 15, 1975 through October 6, 1998 was $28.5 billion.

Fadel, the head of the front, told ArabicNews.com on Friday that there is jump in the number of ships using this important waterway in comparison to the same period last year, and he said that the increase in cargo focused on passenger ships and container carriers. He said 9,560 ships had already pass through the canal this year.

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