Suez Canal hits daily traffic record: Eighty-nine ships passed through the Suez Canal yesterday, marking the highest number of ships to pass through the canal in a single day in its history, the Suez Canal Authority said yesterday.

The Nile River could break a different kind of record soon: The Irrigation and Water Resources Ministry will launch a 16-governorate-wide campaign to clean the Nile River of waste on 17 September, it said Friday.

Other things we’re keeping an eye on this morning:

  • The Chemical Industries Holding Company (CIHC) is in talks with Austrian outfit ​​Voestalpine to establish a new subsidiary specialized in the production of materials for infrastructure projects. (Al Mal)
  • French software developer Valeo signed an MoU with the Information Technology Industry Development Agency (ITIDA) to expand its operations and investments in Egypt. (Statement)
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