Suez Canal records highest ever monthly revenue in April

Egypt's Suez Canal recorded its highest ever monthly revenue in April, reaping $629 million in ship transit fees, the authority managing the waterway said on Sunday.

The monthly revenue in April marked a 13.6% jump from the previous year, said canal authority chairman Osama Rabie in a statement. The 193 km (120 miles) waterway links the Red and the Mediterranean seas.

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