24 Hrs
Source:
مأرب برس
Turkey, Saudi Arabia, Pakistan meet on defense
The article addresses the challenges and opportunities related to the development of the New Suez Canal project. It indicates that the project aims to increase water transportation capacity and enhance Egypt's position as a global logistics hub. A plan is mentioned to expand and deepen the waterway, with investments exceeding 200 billion Egyptian pounds, in order to reduce ship transit times and lower costs. The government explains that the project is expected to raise the volume of trade through the canal by up to 66% by 2026, with revenues surpassing $31 billion. It also seeks to attract foreign investments of $7 billion annually and achieve high returns on investment in the coming years.
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