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Sunday, 14 August 2016

Suez Canal Revenues in FY2015-16 up EGP 2.3 bn, says Mamish

Suez Canal Revenues grew to EGP 41.2 bn in the FY2015-16 fiscal year, up EGP 2.3 bn from the FY2014-15 fiscal year, according to Suez Canal Authority Chairman Mohab Mamish, Al Mal reports. He provides no USD figures for the canal’s revenues and has not provided a detailed account of these revenues. Mamish had announced last week that USD revenue had grown 4% y-o-y in the first seven months of 2016.

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