#news
Egypt has completed a major EGP 9 billion (USD 178 million) development project in the southern sector of the Suez Canal, aimed at enhancing its navigational capacity and global competitiveness, Suez Canal Authority (SCA) Chairman Osama Rabie announced Monday 10 February. The two-and-a-half-year project involved expanding the canal by 40 meters to the east and deepening it to a depth of 72 feet, which is expected to boost maritime traffic efficiency by 28 percent. The expansion also included duplicating a…
