Four Ships Trapped by Key Bridge Collapse Depart Baltimore
By Lisa Baertlein LOS ANGELES, April 26 (Reuters) – Four cargo ships, stuck for about a month at the Port of Baltimore by the ruins of the collapsed Francis Scott Key bridge, have exited...
CAIRO May 21 (Reuters) – Egypt expects the Suez Canal’s revenues to reach about $7 billion by the end of the current fiscal year, finance minister Mohamed Maait said on Saturday.
Tourism revenues are expected to reach between $10 billion and $12 billion by then, despite the Ukrainian crisis, he added. 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 Ahmed Ismail, Writing by Moataz Mohamed, Editing by Andrew Heavens
(c) Copyright Thomson Reuters 2022.
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