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Egypt targets to raise Suez Canal’s revenues by $1bn

The Suez Canal Authority (SCA) targets to raise the Suez Canal’s revenues by $1bn, according to Mohab Mamish, the chairperson of SCA. He added on Wednesday during a seminar held by the Canada Egypt Business Council (CEBC) on investment in the Suez Canal Economic Zone (SCZone), that the canal achieved revenues worth $600m during the …

Daily News Egypt

Mamish, El-Gazzar head Egyptian delegation to Makkah Economic Forum 2019

An Egyptian delegation arrived in Saudi Arabia to participate in the second edition of the Makkah Economic Forum which was launched on Saturday and is scheduled to last until Tuesday, a statement of the Saudi Arabian embassy said on Sunday. Egypt’s Minister of Housing, Utilities, and Urban Communities, Assem El-Gazzar, and the Chairperson the Suez …

Daily News Egypt

BAG, East Port Said Development sign €70m agreements

East Port Said Development company signed two contracts with investments of up to €70m with BAG East Port Said and Gerda Egypt. This came in the context of the company’s development of the area allocated by the Suez Canal Economic Zone (SCZone) by attracting a number of foreign investments and the establishment of a number …

Hagar Omran

The meeting was attended by Mohammed Bin Omair, and Hesham Taha

Mamish, Nasr discuss UAE’s Bin Omeir plans to increase investments in Egypt

Minister of Investment and International Cooperation, Sahar Nasr, and Chairman of the Suez Canal Authroity and the Suez Canal Economic Zone, Mohab Mamish, discussed the plans of Bin Omeir Holding Company to expands its investments in Egypt across several fields, including transportation, education and health. The meeting was attended by Mohammed Bin Omair, Chairman of …

Daily News Egypt