Latest in Tag: Suez Canal Axis Highlight
Latest in Tag: Suez Canal Axis

341 ships transited Suez Canal with total load of 18.88m tonnes last week
341 ships transited Suez Canal with total load of 18.88m tonnes last week

SCA, Chinese delegation discuss establishment of industrial zone in Suez Canal Axis
The colonel explained the phases of establishing the new Suez Canal Axis Development project, including the advantages of its establishment in world trade services, as well as its role in the development of the canal region.

SCCT has ordered new equipment in excess of $42m: Klaus Laursen
Daily News Egypt interviewed Klaus Larsen, Managing Director of the Suez Canal Container Terminal (SCCT), regarding their expansions in Egypt and their view of the investment atmosphere.

Making fast progress toward democracy is difficult: Dutch Ambassador
There may be a will to move toward democracy, but the tools available to the country’s leadership date from another era, says Dutch Ambassador to Egypt Gerard Steeghs

Private security companies expect to flourish in Suez Canal region
Area will attract banks and institutions which require private security, says Falcon Group Chairman

International conference to promote Suez Canal Development Axis’ final plan: Salman
Suez Authority and canal’s economic area will be merged by Prime Minister’s decree

ABB studies investing in infrastructure, logistics in Suez Canal
ABB studies the plan to invest infrastructure and logistics projects in the Suez Canal projects; we may provide developed ship motors equipment with ABB’s products

New Suez Canal timeline
Project grows from dream into the world’s largest waterway
Suez Canal ceremony expenses collected: Canal Authority official
Donations ranged between $250,000 and $1m, the official noted

MIDB pumps EGP 800m new loans before end of 2015: Managing director
Industrial sector acquires 40% of total loans from the bank, says Amr Tantawy

None of $142.2bn summit investments go to Suez Canal Axis
The housing, transportation, petroleum, tourism, and investments sectors won the largest of this amount, but no statement has been made regarding Suez Canal Axis investments.

Suez Canal is most important project in Economic Summit: SCA President
The canal projects are realistic and their requirements are available, affirms Mohab Mamish
Elsabaa Automotive Group achieves EGP 1.1bn sales in 2014, targets 20% growth in 2015
EGP 170m in investments and EGP 150m toward building four new service centres

Suez Canal Development Project
The project represents global competition for the region in the fields of advanced logistics and industrial services as well as commerce, tourism, information technology, agriculture, and real estate.

TE aims to expand number of submarine cables to 21 by end of 2016
We will rely on the unified licence (mobiles-landlines-internet) to attract customers, says CEO Mohamed El Nawawy

No backtracking on rice exports at EGP 2,000 per tonne
Expected returns set at $1bn for exporters and $280m in returns for state due to export fee

Deutsche Bank investments in Egypt worth $35m: Investment minister
Deutsche Bank follows Egyptian projects in areas of new and renewable energy, roads, and development of Suez Canal

Euromoney Conference: Dorra considers investing in Suez Canal Axis project
Dorra plans to open the first phase of Capital Business Park—administrative, commercial and medical project—in Sheikh Zayed City during the first quarter of 2015.

‘Suez Canal Axis’ development plan presented to Russian investors at Arabia Expo
Egyptian businessmen will hold a number of meetings sponsored by the Egyptian-Russian Business council