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New Suez Canal: Officials Discuss Funding Plan (Egypt)

President Abdel Fattah El Sisi

President Abdel Fattah El Sisi met on Thursday with Prime Minister Ibrahim Mahlab, Central Bank of Egypt (CBE) Governor Hisham Ramez, Minister of Finance Hany Qadry, International Cooperation Minister Naglaa el-Ahwani, and Investment Minister Ashraf Salman to discuss plan of funding new Suez Canal project.

In a press release, Presidential Spokesman Ihab Badawi said that Sisi agreed to fund the project via Egyptian banks.

Sisi also agreed to offer new Suez Canal investment certificates in the Egyptian pound and US dollar.

He also directed to issue a number of stamps and a commemorative coin on the occasion of the new Suez Canal project.

Press Release, August 15, 2014

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New Suez Canal Funding – Successful Experiment

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3rd International Congress Hydraulic Engineering Structures and Dredging

26/02/2020 - 27/02/2020

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow.

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

Minister Tours New Suez Canal

Egypt’s Antiquities Minister, Mamdouh Damaty inspected the site of the New Suez Canal project yesterday. ...

September 15, 2014read more →

Egypt: Huge Turnout Expected for Suez Canal Certificates

Governor of the Central Bank of Egypt (CBE) Hisham Ramez announced on Sunday issuance of investment certificates ...

September 2, 2014read more →

Egypt: New Suez Canal Dredging Kicks Off

Major General Kamel al-Waziri, chief of the Engineering Authority of the Armed Forces, said that the New Suez Canal ...

September 1, 2014read more →

UPDATE: Prime Minister Inspects New Suez Canal (Egypt)

Prime Minister Ibrahim Mahlab made an inspection visit to the digging site of the new Suez Canal Development ...

August 21, 2014read more →

New Suez Canal: Officials Discuss Investment Certificates

The ministerial economic committee under Prime Minister Ibrahim Mahlab held a meeting yesterday to discuss ...

August 19, 2014read more →

Egypt: Grand Imam Strongly Supports New Suez Canal

Ahmed El-Tayyeb, Grand Imam of Al-Azhar, has urged Egyptians to support the New Suez Canal Project. During a visit ...

August 18, 2014read more →

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Dredging Today

New Suez Canal: Officials Discuss Funding Plan (Egypt)

Share this article

Follow Dredging Today

New Suez Canal Funding – Successful Experiment

New Suez Canal on Right Track

Water Enters New Suez Canal

Events>

3rd International Congress Hydraulic Engineering Structures and Dredging

Minister Tours New Suez Canal

Egypt: Huge Turnout Expected for Suez Canal Certificates

Egypt: New Suez Canal Dredging Kicks Off

UPDATE: Prime Minister Inspects New Suez Canal (Egypt)

New Suez Canal: Officials Discuss Investment Certificates

Egypt: Grand Imam Strongly Supports New Suez Canal

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