Nasr, Mamish discuss pumping investments in Suez Canal axis development project
Minister Sahr Nasr & (SCA) Mohab Mamish
Cairo - Arab Today
Investment and International Cooperation Minister Sahr Nasr had a meeting on Monday with Head of the Suez Canal Authority (SCA) Mohab Mamish on pumping new investments in the Suez Canal Axis Development Project in line with President Abdel Fattah El Sisi's directives.
During the meeting, Nasr said the Investment Ministry is taking a number of measures and steps to beef up investments in the Suez Canal region within the framework of the ministry's overall investment map.
Developing ports and improving services in the Suez Canal Axis Development region is necessary to lure more investments in this region, she added.
Mamish, for his part, posted Nasr on a plan to develop the six existing harbors; West Port Said, East Port Said, Ain Sokhna, El Arish, El Tor and Adabiya, in the Suez Canal zone and the application of the electronic system in these ports.
The two sides also agreed on removing obstacles to a project to construct Egypt’s first private bulk liquids terminal at Ain Sokhna port on the Red Sea for the import and storage of oil, butane gas and LNG to Egypt.
The project is carried out by the Suez Canal Authority, the Dubai-based DP World and Sonker Bunkering Company.
Source: MENA
GMT 06:30 2017 Tuesday ,08 August
Nasr, EGX probe preparations for ASEA meeting in NovemberGMT 22:15 2016 Friday ,07 October
Nasr: Unemployment biggest obstacle facing Mideast youthRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 11:24 2018 Friday ,14 December
Turkey will enter Syria’s Manbij if US doesn’t remove YPG fighters
GMT 23:45 2017 Wednesday ,08 March
Egypt opens Rafah crossing Monday for three days
GMT 10:05 2017 Wednesday ,04 January
France moves to suspend Vitamin D supplement after baby dies
GMT 11:51 2014 Wednesday ,22 January
McDonald\'s denies report of suspected tax evasion in France
GMT 15:33 2018 Wednesday ,26 September
Global research team date millennia-old magnetic storms using tree ringsGMT 08:04 2012 Tuesday ,18 September
No health risk from mobile phonesGMT 12:59 2011 Thursday ,20 October
The Desert
GMT 11:42 2016 Monday ,17 October
Controversial NFL quarterback Kaepernick returns, but 49ers lose again
GMT 22:14 2014 Monday ,24 November
Cold, cloudy and rainy weather forecast till Wednesday in Jordan
GMT 22:11 2015 Tuesday ,09 June
TV presenter Ahmed Moussa sentenced to year in jail
GMT 11:19 2017 Friday ,17 February
The future of government
GMT 05:22 2014 Sunday ,05 January
5 staff members from MSF \'taken by group\' in Syria
GMT 08:18 2018 Monday ,10 December
Trains cancelled across Germany after transport union strikes
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fund
GMT 16:28 2018 Friday ,02 November
Macron warns against populist surge in Europe
GMT 11:35 2015 Tuesday ,04 August
Air force and air defence army formed in Russia's Central Military DistrictGMT 15:05 2011 Tuesday ,09 August
Squash queen David stamps authority on Open
GMT 15:56 2016 Monday ,29 February
Ministry of Health, Korea's Medical Group Bestian Co. sign MoU on burn injuries cooperationGMT 20:31 2011 Tuesday ,23 August
Dubai Duty Free to help finance airport expansion
GMT 21:59 2016 Wednesday ,20 July
Settlers storm Al Aqsa Mosque under protection of Israeli policeGMT 14:56 2012 Sunday ,11 November
Nelly Karim says \'Zat\' will be completed soonGMT 07:14 2011 Wednesday ,30 November
HP refutes printer security flaw claims
GMT 19:17 2017 Monday ,12 June
CSR to be compulsory for UAE companies
GMT 08:54 2016 Wednesday ,23 November
Samsung offices raided over influence-peddling scandalGMT 16:55 2011 Tuesday ,10 May
Bin Laden hideout a videogame battlegroundGMT 19:36 2012 Thursday ,15 November
New face for H.E. by MANGO
GMT 10:15 2011 Friday ,19 August
Banks must brace themselves for next crisis
GMT 12:20 2017 Sunday ,15 January
Dalic rues missed opportunities
GMT 16:04 2017 Friday ,18 August
AL chief condemns Barcelona terror attackGMT 10:13 2011 Thursday ,04 August
KSE main index in red at closing
GMT 09:21 2017 Monday ,17 April
HH the Emir Meets Kenyan President
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor