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Egypt’s Suez Canal November revenue US$435.5mn

Revenue from Egypt's Suez Canal rose 5.5 percent on a year earlier to US$435.5 million in November, but down 2.8 percent from a month earlier, the Suez Canal Authority website showed.

The canal's revenues in November 2010 were $412.8 million. Revenues in October 2011 were $447.9 million.

The waterway is a vital source of foreign currency in Egypt, along with tourism, oil and gas exports and remittances from Egyptians living abroad.

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