Egypt's Suez Canal recorded $7 billion in revenue for the fiscal year 2021/22, up 20.7% from a year earlier, Suez Canal Authority Chairman Osama Rabea said in a statement on Monday. Egypt's fiscal year runs from July 1 to June 30. The canal is the fastest shipping route between Europe and Asia and one of the Egyptian government's main sources of foreign currency. (Reporting by Yousri Mohamed; writing by Nayera Abdallah; editing by Jason Neely)

Source: The North Africa Journal July 04, 2022 07:36 UTC