Suez Canal chief says April revenues hit all-time record

Suez Canal bosses said on said Sunday that the waterway’s monthly revenues have hit an all-time record (Ayman Aref/AP)

Bosses of Egypt’s Suez Canal said on Sunday that its monthly revenues hit an all-time record in April, raking in 629 million US dollars (£500 million).

The unprecedented income came after transit fees for ships passing through the waterway were increased in March.