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Nepotism much? Egypt selects Saudi consultancy to draw Suez plan

the plan for the government's mega project to transform the Suez Canal waterway into a hub ... to draw up the plan for the government's mega project to transform the Suez Canal waterway into a hub of international investment and free trade zones. Suez Canal Authority chief Moheeb Mamish announced in Cairo ...

19/08/2014 - 13:47 - comment 0

How many investment certificates will it take? Suez Canal project to cost $220 billion over 15 years

The Suez Canal corridor project planned ... investment minister, The Suez Canal corridor project planned by a consortium led ... and industrial hubs. A wider Suez Canal development plan began last month with digging a parallel waterway ...

17/09/2014 - 13:03 - comment 0

The Suez Project: a good start, but not a substitute for industrialization

in other countries that do not enjoy a similar location as the Suez Canal and its ports are much higher ... to exploit its strategic location by widening and deepening the Suez Canal, the most important maritime ... and destitution. The Suez Canal can receive all giant vessels as long as they are empty or partially loaded – ...

25/09/2014 - 15:46 - comment 0

That's more than a billion a day: Egypt raises $8.5 billion in total for Suez Canal expansion project

to fund a project to expand the Suez Canal in just eight days, the central bank governor said.Hisham Ramez ... the governor said. The Suez Canal project includes the development of 76,000 sq km around the canal ... the new development would boost annual revenues from the Suez Canal, which is operated by the state-owned ...

16/09/2014 - 15:12 - comment 0

Luring investors: Suez Canal 'investment certificate' to guarantee 12% yield

Fattah Al-Sisi as a source of financing the new Suez Canal project, will be issued through public sector banks over a period of 5 years. Suez Canal investment certificate yields ... Fattah Al-Sisi as a source of financing the new Suez Canal project , will be issued through public ...

17/08/2014 - 21:37 - comment 0

The unquestionable Suez Canal development project leaves many questions unanswered

Tawfik does not see in the Suez Canal project a “new ... of the Suez Canal, according to Hassan Fahmy, head of the General Authority For Investment. President Abdel Fattah Al-Sisi launched excavation operations for a new Suez Canal last week ago, calling it a national ...

17/08/2014 - 14:36 - comment 0

A 'gold rush'? Suez Canal certificates on sale for second day

not been affected by the certificates’ financing. Egyptian banks sold the Suez ... are paid every three months,” he added. On Thursday, the government started to sell the five-year Suez ... the digging of the new Suez Canal, which will increase the canal’s revenues to $13bn, according to officials. ...

07/09/2014 - 13:54 - comment 0

Egypt launches the digging of a second Suez Canal

will run in parallel to the Suez Canal. Egypt’s president has launched the digging of a new canal in the country which will will run in parallel to the Suez Canal. ... the first Suez Canal. The construction will cost 6.2 billion euros and is scheduled to take three years; ...

06/08/2014 - 15:32 - comment 0

Aspiring for to create a 'Silk Road', China and Israel collaborate to present an alternative to the Suez Canal

concerns about negative implications on the Suez Canal. Promises by Chinese ... renewed this year, raising concerns about negative implications on the Suez Canal. Chinese foreign ... in building up the Suez Economic and Trade Cooperation Zone, Xinhua news agency reported. Chinese ...

19/08/2014 - 11:59 - comment 0

Suez Canal revenues surge by 3.6 per cent

Revenue from Egypt’s Suez Canal rose 3.6 per cent in the financial year 2011/2012, ended 30 June, from a year earlier to $5.2 billion, the Suez Canal Authority said. Revenue from Egypt’s Suez Canal rose 3.6 per cent in the financial year 2011/2012, ended 30 June, from ...

01/08/2012 - 12:25 - comment 0