CAIRO (Reuters) – Egypt’s Suez Canal revenue hit a record high of $7 billion in the financial year to June 30, up 20.7% from the previous year, Canal Authority Chairman Osama Rabea said on Monday. A statement from the authority attributed the rise to an increase in vessel numbers and cargoes, with total cargoes reaching a record high of 1.32 million tonnes, up 10.9% from 2020/21. The number of vessels transiting the canal rose 15.7% to 22,032. The canal is the fastest shipping route between Europe and Asia and one of the Egyptian government’s main sources of foreign currency. A 2015 expansion …