Sisi to inaugurate 20 factories in Sokhna in February, canal revenues down MoM

President Abdel Fattah El Sisi will inaugurate 20 factories in Ain El Sokhna in February, Suez Canal Authority head Mohab Mamish said yesterday, according to AMAY. Mamish also announced that Suez Canal revenues increased 3.4% y-o-y to USD 4.35 bn between January and October 2017. September saw revenues of USD 459.8 mn, a 2% dip from the month of August.