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Tuesday, January 4, 2022

Increased Suez Canal fees will boost revenue by US$400m, chairman says

CAIRO, Jan 3 — The chairman of the Suez Canal Authority instructed Arabiya TV right this moment that the 6 per cent enhance in canal fees from February will boost annual revenue by US$400 million (RM1.7 billion).

Revenue from the canal in 2021 was hit by a six-day disruption when the container ship Ever Given obtained caught within the canal in March, halting visitors in each instructions. — eNM

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