Latest in Tag: suez canal Highlight

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Latest in Tag: suez canal


DP World to invest in Suez Canal project

By Rehab Saber UAE’s Dubai Ports World plans to invest in the ventures which are to be offered as part of Egypt’s Suez Canal Development Project, Deputy CEO Ibrahim Alhammadi told Logistic. He said that DP World, which is among the leading port and terminal operators worldwide, is awaiting an international bid offer for the …

Daily News Egypt

Chinese company to develop 6 square km in Ain Sokhna

By Hassan Ghonema General Mohamed Refaat, acting head of the General Authority for the Northwest Suez Gulf Economic Zone signed a contract with the Chinese developer TEDA to develop 6 square kilometers in Ain Sokhna.  The project is the first phase in a larger development deal between Egypt and China, with the Chinese government having …

Daily News Egypt

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Contemporary Egyptian non-sense part 1: Suez Canal in Pounds!

In modern days Egypt, so many ideas grow out of the blues captivating the minds and souls of the population. Some of these ideas are political, economical, or social. While some fade away fast, others never seem to go out of fashion, surfacing every now and again as if begging to be shot down. Over …

Mohamed Fouad

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Suez Canal revenues increase to $483m

The report further showed that total deposits for Egypt’s Central Auditing Organization reached EGP 1.159tn by last April, representing a 14.98% increase compared to the corresponding month in 2012.

Daily News Egypt