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Egypt plans to establish 3 shipyards in Suez, Red Sea governorates

Egypt is set to establish three new shipyards in the Suez and Red Sea governorates in partnership with the private sector.

Updated 11/5/2024 9:10:00 AM
Egypt to invest EGP 14B in Suez under FY 2022/23 plan

The Egyptian government will direct EGP 14 billion worth of investments to the Suez governorate under the fiscal year (FY) 2022/2023 plan, Minister of Planning and Economic Development Hala El-Said revealed in a statement on February 21st.

Updated 2/21/2023 1:54:00 PM
Egypt to allocate EGP 350M to finalize development of shanty areas in Suez

Madbouly’s directives came during a meeting with Suez’s Governor Abdel Maguid Saqr to follow up on investment opportunities in the governorate.

Updated 2/20/2023 8:40:00 AM