Chairman of the Suez Canal Economic Zone (SCZone) Mohab Mamish said the SCZone achieved the highest revenues for the second successive year.
Operating the navigation route will start in October, the ministry said, adding that it will serve six countries along the Red Sea and Indian Ocean.
The president expressed his appreciation for the conglomerate’s operations in Egypt, particularly in the sector of fertilizers.
Canadian, Chinese and Malaysian Companies compete in the bid launched by the Ministry of Transport and Ministry of Housing to set up two monorail projects at the New Administrative Capital.
Authorities foiled an attempt to smuggle tons of fossils in the form of petrified wood and rocks.
The center said the project, which is the biggest in the Middle East, lies inside the the Suez Canal Economic Zone.
Nassar has discussed with Yusuke Saraya the President of Japan's leading global manufacturer of personal hygiene products SARAYA the company's investment plan in Egypt.
Chairman of Railway Authority announced on Monday that the Authority will facilitate the transportation of containers from Ain Sokhna port to 10th of Ramadan city.
If you are looking for a short trip, you should visit Ain Sokhna. Almost a two hour drive from Cairo, the town is located 55 km south of Suez.
A new detection system to monitor the impact of climate change on Egypt's shores is going to be established.
UAE ports operator DP World reportedly expressed its interest to invest in a port in 10th of Ramadan city.
Head of SCA Mohab Mamish and CEO of Dubai International Group initialed an agreement on implementing the first phase of the international Sokhna project.
EBRD approved a credit facility for building a water desalination plant at $300 million in Ain Sokhna.
A wrap-up for the most prominent business news of the day.
The bank will help in establishing the plant and fund the related feasibility studies.
Two of the new hotels will be in the Red Sea resort of Ain Sokhna.
Ain Sokhna facility to be the fourth Egyptian Steel factory, bringing the total production of the company to 2.3 million tons with $1 billion in investments.
Stretched over 35,000 meters, the complex includes 47 companies with total investments worth LE 800 million, providing some 5,000 jobs.
This isyour destination guide of the most beautiful places you can visit in Egypt.
The final agreement will be signed after finishing all business procedures.