On The Third Anniversary of the Inauguration of the New Suez Canal Has Been NecessitySource: www.export-egypt.com 8/6/2018, Location: Africa |
|
|
|
|
|
Reported that SCA head Mohab Mamish affirmed that the new suez canal has been an inevitable project and it has proved that Egyptians are capable of coming back to power.
He stated that the new Suez Canal achieved highest annual revenues throughout its history, expecting that the revenues would hit $5.7 billion by the end of this year, an increase of $700 million against 2017. This came on the third anniversary of the inauguration of the new Suez Canal. Mamish said that all statistics proved the credibility of the economic and technical feasibility of the project as it succeeded in enhancing the capacity and efficiency in receiving the new generation of giant ships. "The comprehensive vision of the political leadership concerning the importance of the new suez canal included benefiting from the geographic strategic location of suez canal and growing revenues annually for sustainable development of the canal zone turning it into an international economic location and a destination for investors from all over the world", he added . " The Egyptian investor is our premier permanent partner who is apt to get all the facilities to be the first developer of this pristine region rich in opportunities and productivity, and young investors are bases of development and success of the economy, and all support will be given to their small and medium enterprises," Mamish confirmed. |
|
|
Financials and Investment News in Egypt >> |
 |
|||||
|
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
|
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...
|
|
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...
|
|
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.
The Cabinet is set to add... |
| Egypt Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | |
