Alex Port does another round of summersault, cartwheel, backflip on multipurpose platform: The Alexandria Port Authority has returned to talks with China Harbor on the never-ending saga of the USD 750 mn multiplatform facility in the port. The authority has already twice ended and resumed talks on the project since it was first announced at the Egyptian Economic Development Conference in 2015. Talks resumed at the direction of the Ismail cabinet, said Port Authority chief Medhat Attia, according to Youm7. Alex Port had announced for the second time that it will end talks on the facility back in September.
More from Enterprise
CIB’s 3Q net income falls 17% y-o-y, 9M core earnings grow 18%
Here are the stories driving the day, both at home…
Africa’s own credit rating agency plans its first rating by March 2027, and our central bank has long backed it
Its early value lies in 22 sovereigns nobody rates, and…
EGX’s newest investors meet their first selloff
Heavy borrowing, margin calls, and looming repayments could make a…