El Galala Mountain Egypt project to boost revenues and create jobs for youths
Work is ongoing at what is considered as the second biggest project in Egypt after the New Suez Canal project, with…
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new suez canal project
Russia gifts Egypt missile corvette – statement
The Egyptian army has been gifted Saturday a Molniya missile corvette by the Russian government as part of military…
New Suez Canal vital for Ukrainian agricultural exports – Minister
The new Suez Canal project is to provide more trade opportunities for Ukrainian agricultural products, state-run…
Banque Du Caire pledges $100 million to New Suez Canal Loan
Banque Du Caire intends to contribute US$100 million to a bridge finance being arranged to fund Egypt’s new Suez…
Sisi’s Visit to Russia is ‘Political’ – Official
Egyptian President Abdel Fattah al-Sisi's upcoming visit to Moscow will be political and will not involve any talks…
New Suez Canal Expects 11 New Dredges Next May
Drudges working in the New Suez Canal Project will be raised to 41 by next May to implement the project by the…
Federation of Egyptian Banks meets Italy Mission today
The Federation of Egyptian Banks (FEB) is meeting today with the Italian trade mission currently visiting Egypt.…
Italian Delegation in Egypt to review Bilateral Cooperation
Egypt has received an Italian delegation headed by Carlo Calenda – Italy’s Deputy Minister of Economic Development-…
Egypt’s Suez Canal hits Highest Revenues in its History – Official
Despite multiple challenges Egypt faced during 2014, the country’s vital waterway Suez Canal recorded its highest…
‘Builders of Egypt Forum’ Kicks off, Inaugurated by PM Mahlab
Egypt’s Prime Minister Ibrahim Mahlab has just inaugurated Builders of Egypt Forum 2014, which would lead up to…
Petrojet Completes Digging of 3 million m3 of New Suez Canal
Egypt’s Petrojet has dug so far 3 million cubic metres of country’s new Suez Canal project, the company’s chairman…
Suez Canal Certificate Sales Pump EGP27bn into Egypt’s Banks: Official
Investment certificates issued earlier this month to finance the digging of a new Suez Canal have attracted EGP 27…
Egypt Eyes 5-6% Economic Growth for Next 3 Years– Minister
Minister of Finance Hany Kadry Dimian revealed on Tuesday that the government is aiming to restore investor…
Naguib Sawiris Invests EGP100 million in New Suez Canal Project
Egyptian business tycoon Naguib Sawiris purchased Sunday EGP 100 million (around US$14 million) worth of investment…
Egyptian Saudi Insurance House Invests EGP20mn in New Suez Canal Project
Egyptian Saudi Insurance House (ESIH) bought today EGP 20 million (US$2.8 million) worth of investment certificates…
Egyptian Industries Federation Invests EGP25 million in New Suez Canal Project
Federation of Egyptian Industries (FEI) purchased EGP 25 million (USD 3.5 million) worth of investment certificates…
GIG Insurance Invests EGP5 million in New Suez Canal Project
Egypt’s Arab Misr Insurance Group (GIG) bought today EGP 5 million (USD 699.056) worth of investment certificates…
Wethaq Takaful Insurance Invests EGP17 million in New Suez Canal Certificates
Egypt’s Wethaq Takaful Insurance purchased today EGP 17 million worth of investment certificates to fund the new…
Suez Canal Insurance Invests EGP10mn in New Suez Canal Project
Suez Canal Insurance has bought today EGP 10 million worth of investment certificates dedicated to finance the new…
So Far, Egypt Raises EGP14.5bn for New Suez Canal – Official
Central Bank of Egypt (CBE) Governor Hisham Ramez revealed that Suez Canal investment certificates collected nearly…
Egypt’s EGX30 End Week above 9650 as Suez Canal Certificates Released
Egypt's bourse ended this week with gains worth 1 billion Egyptian pounds powered by the launch of the new…
Misr Life Insurance Invests EGP150 million in New Suez Canal Project
Misr Life Insurance allocates a portion of its portfolio to buy EGP 150 million worth of investment certificates…
Awqaf Ministry Invests LE400 Million In New Suez Canal Project
The Social Solidarity Fund of the Religious Endowments (Awqaf) Ministry said it will buy LE400 million worth of…
Religious Endowments’ Fund to Buy EGP400mn Suez Canal Certificates
The board of the Social solidarity Fund for the workers in Egyptian Ministry of Religious Endowments approved the…
Insurance Consortium to Form for the New Suez Canal Project – IFE
The Insurance Federation of Egypt expresses readiness to take part in supporting the country's national mega…