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Al-Sisi expresses ‘satisfaction’ with Suez Canal work progress - Daily News Egypt

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Al-Sisi expresses ‘satisfaction’ with Suez Canal work progress

New Suez Canal project on track for opening next August, statement says


Egypt’s President AbdelFattah Al-Sisi inspected “by air” the new Suez Canal project after visiting a number of military units on Wednesday, and “expressed satisfaction with the progress of the work on the project, a presidential statement said.

 

Last September, Al-Sisi approved the Suez Canal investment certificate law, with the National Bank of Egypt, Banque Misr, Banque du Caire, and the Suez Canal Bank providing investment certificates.

 

By mid-September, the certificates’ sales registered EGP 49bn. According to a poll by the Egyptian Centre for Public Opinion Research (Baseera), around 42% of the citizens that purchased Suez Canal investment certificates relied on money they saved in their homes or shops.

 

The New Suez Canal project is due to open next August.

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https://www.dailynewsegypt.com/2015/02/05/al-sisi-expresses-satisfaction-suez-canal-work-progress/
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