The head of the Suez Canal Authority and the economic zone of the Canal pointed out that it is intended to produce 7,200 MW of wind farms to be established in the region,
World largest and most modern vessel “Spectrum of the Seas” passed through Suez Canal on Friday, paid $ 964 thousand fees.
The Suez Canal Authority denied signing a contract with the Ministry of Finance to pay all its debts.
Mamish also referred that SCzone agreed to Russia's request to prepare the land necessary for establishing the project which is expected to provide 35,000 job opportunities.
The Suez Canal achieved on Wednesday its second highest record as 72 ships passed through the canal carrying around 5 million tons of loads.
Mohab Mameesh said the SC Zone's participation in this international event is meant to encourage international companies to take part in projects in the zone in view of investment opportunities and incentives it offers.
Russian Minister of Economic Development Maxim Oreshkin on Thursday revealed that talks between Egypt and the Eurasian Economic Union (EAEU) on the establishment of a free trade zone
The meeting took up also implementing ventures inside new platforms in east Port Said which have been finalized according to international standards.
Memish announced Wednesday launching a new service by the navigation ocean alliance CMA at West Port Said.
Mamish clarified in an official statement that these companies will invest in the industrial zone "TEDA Egypt" in Ain el-Sokhna.
Navigation movement at the Suez Canal hit a record high on Saturday, with 49 ships transiting the international waterway carrying 4.2 million tons
With investments worth $10.9 billion, and a total of 48,000 jobs created, the Tahrir Petrochemicals Corporation signals an overall industrial leap for Egypt.
The SCZone ranked fifth on the list of the most profitable economic sectors, citing an increase in the revenues of the Suez Canal Authority (SCA) ports.
Chairman of the Suez Canal Economic Zone (SCZone) Mohab Mamish said Monday that the canal achieved revenues valued at dlrs 15.8 billion (EGP 219 billion) in the past three years
During a meeting with Chairman of the Suez Canal Authority (SCA) Mohab Mamish, Madbouli ordered floating plans to attract new investments into the SCZone.
The canal’s revenues rose by 15 percent in the first two months of 2018, recording $887 million, compared to $771 million in the same two months of 2017.
Egypt’s President Abdel Fatah al-Sisi met Saturday with Chairman of the Suez Canal Economic Zone (SCZone), Mohab Mamish.
Head of the Suez Canal Authority Admiral Mohab Mamish said around 18 thousand ships and a million tons of total cargo passed the Suez Canal throughout 2017.
Head of the Suez Canal Authority discussed on Thursday with Austrian automobile manufacturer Magna investments in the field of manufacturing cars.
Suez Canal revenues marked an increase of 15 percent, or $116 million, during the first two months of 2018, according to Mohab Mamish.