El-Molla calls for expedited construction of SMD’s factory at Damietta Port

The Minister of Petroleum and Mineral Resources Tarek El-Molla has called for speeding up the construction process of the Suez Methanol Derivatives Company’s (SMD) under-construction factory at Damietta Port.

Updated 4/21/2024 10:16:00 AM

Damietta Port inks deals to finance Tahya Misr 1 terminal’s superstructure

Damietta Port Authority, Damietta Alliance Container Terminal, and HSBC Egypt have signed a solutions agreement on providing financing for the establishment of the superstructure of Tahya Misr 1 container terminal at Damietta Port.

Updated 12/21/2023 11:19:00 AM

International consortium backs Egypt’s Damietta Port with $455M financing package

An international consortium of international institutions is backing the development of a second container terminal in Egypt’s Damietta Port with a financing package worth a total of $455 million to Damietta Alliance Container Terminals.

Updated 12/21/2023 2:58:00 AM