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Newly formed Supreme Council for Investment to enhance Egypt's attractiveness for FDI: Investors

The Council shall be formed and headed by the President of the republic, with the membership of Prime Minister, Governor of Central Bank, and Ministers of Defence and Military Production, Justice, Planning and Economic Development, International Cooperation, Finance, Interior, Communications and Information Technology, Local Development, Public Enterprises Sector, and Trade and Industry. Other members include the Head of General Intelligence, Chairperson of Administrative Control Authority, Chai...
Federation Of Egyptian Industries Al Qahirah Suez Canal As Suways Mohamed Attia Al Fayoumi Ahmed El Shennawy

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Suez Canal Records 20% Increase in Ship Count and Generates $2.3 Billion in Revenue, Confirms Egyptian Presidency

Egypt's President Abdel Fattah El-Sisi has met with government officials to discuss plans to further develop the Suez Canal. The meeting examined an increase in the number of ships passing through the canal by 20% in the first quarter of 2023, generating revenues of around $2.3bn, and the highest daily transit rate in the canal's history. In other news from the country, the government announced a plan to develop the Furniture City in Damietta into an integrated industrial city, whil...
Lower Egypt Egypt General Al Iskandariyah United States Upper Egypt Ministry Of Finance

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