Suez Canal revenues rise 11.5% y-o-y during FY2017-18

Also good for the nation’s finances: Record Suez Canal revenues. Suez Canal revenues rose 11.5% y-o-y during FY2017-18 to USD 5.585 bn, up from USD 5.008 bn in FY2016-17, according to the Suez Canal Authority. The canal’s revenues during the current fiscal year mark an all-time high, authority chief Mohab Mamish said.