The Egyptian waterway's income should reach EGP 37bn ($5.32bn) in the 12 months to 30 June, according to the Egypt State Information Service.

Suez Canal Authority chief Mohab Memish said this would be its highest ever revenue.

The previous full year's figure was $5.2bn.

Canal revenue rose 8.5% in November year-on-year to $442.4m.