Arab Finance: Prime Minister Mostafa Madbouly has directed the Ministry of Planning and Economic Development to provide EGP 350 million to speed up the development process of shanty areas in the Suez governorate, the cabinet stated on February 20th.
Madbouly’s directives came during a meeting with Suez’s Governor Abdel Maguid Saqr to follow up on investment opportunities in the governorate.
Saqr briefed the premier on a number of promising untapped investment assets in the governorate, which are characterized by a pivotal location.