Dekheila
Direct foreign investments in the project to develop the ports of Sokhna and Dekheila are estimated at $1.6 billion, while direct revenues are expected at $5 billion, according to Minister of Transport Kamel Al-Wazir.
Egypt on Saturday reopened the harbors of two of its Mediterranean ports, Alexandria and Dekheila, which had been shut due to bad weather.
Stevedoring operations have been going on normally despite the closure of Alexandria and Dekheila ports on the back of a spell of rough weather battering Egypt's northern shores
Alexandria and Dekheila ports were closed on Wednesday due to bad weather, Spokesman for Alexandria port authority Reda el Ghandour said.
Steel tycoon and Mubarak-era politician Ahmed Ezz will pay LE 1.8 billion, of which LE 600,000 million were withdrawn from abroad, in a reconciliation deal.
Alexandria Ports Authority decided on Sunday to close Alexandria and Dekheila ports due to bad weather and high winds.
Steel tycoon Ahmed Ezz urged a court on Sunday to approve reconciliation in the case in which he is charged with squandering Dekheila Steel Company’s assets.
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