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Suez Canal revenues forecast to hit record US$5.5 bn this year

Revenues from Egypt's Suez Canal, one of the country's main sources of foreign currency, are expected to reach US$5.5 billion in the current fiscal year, the head of the authority that manages the waterway said on Thursday.
 
Suez Canal Authority chief Mohab Mamish said this would be a record high. Revenues from the canal rose 8.5 percent in November from a year earlier to $442.4 million, according to the latest statistics.

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