TransportMinister Hisham Arafat and Suez Canal Economic Zone (SCZone) chief Mohab Mamish are preparing to tour European capitals to promote the 6 October dry port project,according to Al Borsa. Feasibility studies on the 100 feddan project placed initial investment of USD 100 mn. Arafat said the dry port will be followed by a 300 feddan logistics center for the facility.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Here’s why “temporary listings” are all the rage right now
The government plans to list Misr Travel and Egoth in…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…