New Suez Canal: President Issues Decree on Investment Certificates

President Abdel Fattah al-Sisi issued a presidential decree on the investment certificates for the New Suez Canal project, Presidential Spokesman Ihab Badawi said.

Under the decree, the National Bank of Egypt, Banque Misr, Banque du Caire and Suez Canal Bank are entitled to issue the new certificates.

The certificates will be issued in various categories whose return would be used in funding the new waterway project.

The return would be deposited in the Suez Canal Authority’s account at the Central Bank of Egypt.

The certificate will be exempted from any taxes and fees, according to the decree.

Press Release, September 2, 2014

Share this article

Follow Dredging Today

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

Eastern Chapter WEDA Fall 2019 Conference

Wednesday (10/16/19) afternoon will start the program with an opportunity to take the Dredging 101 course.

read more >

10TH Annual Conference Dredging in India

The conference will focus on strategies and solutions to meet the future dredging requirements…

read more >

Australasian Coasts and Ports 2019

Conference Theme “Future directions from 40°S and beyond” reflects the increasing awareness about the need to find suitable…

read more >

PORTS Conference

The PORTS Conference series is internationally recognized as an outstanding opportunity to network with…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below....

apply

Dredging jobs in Abu Dhabi at NMDC

National Marine Dredging Company “NMDC” aims to be the largest dredging player in the Arab’s Gulf region...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply