A reality check on the New Suez Canal
Egypt has been bombarded with a constant stream of messages this week about the miracles the New Suez Canal will bring. Not all of these messages hold up to scrutiny.…
Egypt has been bombarded with a constant stream of messages this week about the miracles the New Suez Canal will bring. Not all of these messages hold up to scrutiny.…
The Suez Canal Authority is currently in negotiations with local banks for a bridge loan of US$450 million, the privately owned newspaper…
Hesham Ramez, the head of the Central Bank, stated on Wednesday that the investment certificates used to finance the new Suez Canal…
The governor and chairman of Egypt’s Central Bank, Hesham Ramez, stated in an interview with the privately owned Al-Masry Al-Youm that LE39.5…
Buyers sank LE6 billion in Suez Canal investment certificates on Thursday, the first day they were made available for sale at the…
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