Published on Al Bawaba (http://www.albawaba.com)

Egypt: Morsi to reinstate Port Said free zone

Published February 19th, 2013 - 08:46 GMT via SyndiGate.info [1]

Egyptian President Mohamed Mursi on Monday decided to present a draft law to the Shura Council to restore the free zone to Port Said.

Egyptian President Mohamed Morsi [2] on Monday decided to present a draft law to the Shura Council to restore the free zone [3] to Port Said [4].

The president also decided to allocate 400 million Egyptian pounds ($60 million) from the Suez Canal [5] revenue to develop the three Canal cities.

Egyptian President Mohamed Morsi announced yesterday he is to reinstate the Port Said free zone
[6] All rights reserved 2013 Aswat Masriya ©
Source URL: http://www.albawaba.com/business/egypt-port-said-471643

Links:
[1] http://www.syndigate.info
[2] http://www.albawaba.com/editorchoice/egypt-morsi-public-image--471241
[3] http://en.wikipedia.org/wiki/Free_economic_zone
[4] http://www.albawaba.com/news/egypt-port-said-protests-471530
[5] http://www.albawaba.com/business/israel-suez-rail-471340
[6] http://en.aswatmasriya.com