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Somabay enters new partnership with EDECS to upgrade its Marina

Somabay, Egypt’s leading Red Sea destination, has signed a new partnership agreement with EDECS, one of the region’s pioneering engineering and construction companies, to launch a major project to expand and develop Somabay Marina.

Updated 10/30/2025 9:44:00 AM
NBK-Egypt grants EDECS $93M credit facilities for Ain Sokhna container terminals

The National Bank of Kuwait-Egypt (NBK-Egypt) has provided EDECS International Engineering and Contracting Company with credit facilities totaling $93 million.

Updated 8/8/2024 8:12:00 AM
EDECS awarded new containers terminal project at Ain Sokhna Port

Construction company EDECS has laid the foundation stone for the Red Sea Containers Terminals, owned by the Hutchison Ports, CMA Terminals, and COSCO Shipping Ports, to implement the new containers terminal project in Ain Sokhna Port.

Updated 7/14/2024 7:57:00 AM