4 Palestinians killed in Israeli strike on tent in Gaza
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Egypt’s Suez Canal revenues hit all-time high in April
ANKARA – Egypt’s Suez Canal Authority has said that its monthly revenues hit an all-time high in April.
In a statement, the Suez Canal Authority said the international waterway made $629 million in revenues in April, an increase of 13.6% from $553.6 million last year.
The strategic waterway raised the transit fees for ships since last year amid a boom in global trade movement.
In 2021, the Suez Canal recorded its highest revenues, raking in $6.3 billion.
Last year, navigation in the Suez Canal was interrupted when the giant shipping vessel Ever Given ran aground and blocked the waterway for nearly six days.
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