Suez canal

Suez Canal Authority: Investment law for Suez canal projects to be ready Wednesday
Business

Suez Canal Authority: Investment law for Suez canal projects to be ready Wednesday

The investment law for Suez Canal development projects will be ready on Wednesday, according to Mohab Mamish, director of the Suez Canal…
Egypt’s Suez Canal revenue drops 8 % in November
Egypt

Egypt’s Suez Canal revenue drops 8 % in November

Revenues from the Suez Canal fell by 8 percent to $442.8 million in November from $482.3 million in October, Egypt's…
Consultant: Egypt needs legal reforms for Suez Canal hub to succeed
Egypt

Consultant: Egypt needs legal reforms for Suez Canal hub to succeed

The consultant on a project to develop the Suez Canal says cumbersome Egyptian government bureaucracy could hamper its chances of…
First batch of Suez canal certificate profits nears LE1.9 million
Business

First batch of Suez canal certificate profits nears LE1.9 million

High turnout was seen at local banks operating on Sunday as they began to disburse profits from the new Suez Canal…
Egypt’s Suez Canal revenue at $482.3 million in October
Business

Egypt’s Suez Canal revenue at $482.3 million in October

Revenues from Egypt's Suez Canal reached $482.3 million at the end of October, up from $469.7 million in September, the…
Minister of Supply: 16 million meters the seize of Suez Trade City
Egypt

Minister of Supply: 16 million meters the seize of Suez Trade City

Minister of Supply and Internal Trade Khalid Hanafi said the Egyptian government is currently working on a global trade and…
Suez Canal Bank ready to exchange yield on 3-month certificates from new project
Business

Suez Canal Bank ready to exchange yield on 3-month certificates from new project

The Suez Canal Bank, one of the banks issuing investment certificates for the new Suez Canal project, is ready to…
Sisi invites Saudi king to Egypt friends conference
Business

Sisi invites Saudi king to Egypt friends conference

President Abdel Fattah al-Sisi has invited Saudi Arabia King Abdullah Bin Abdel Aziz to a conference gathering friends of Egypt…
GAFI Chief: Suez Canal projects to be proposed for Arab, foreign investors through usufruct
Business

GAFI Chief: Suez Canal projects to be proposed for Arab, foreign investors through usufruct

General Authority for Investments and Free Zones (GAFI) Chief Hassan Fahmy said Suez Canal development projects will open the door…
Egypt Suez Canal revenue at $469.7 mn in September
Business

Egypt Suez Canal revenue at $469.7 mn in September

Revenues from Egypt's Suez Canal reached $469.7 million in September, down from a record $510 million in August, the state…
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