Egypt launches new Suez Canal holding company to boost economy | The Malaysian Insight

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Egypt launches new Suez Canal holding company to boost economy

The Suez Canal is one of Egypt’s main sources of national income and hard currency. – AFP pic, June 8, 2023.

Xinhua reported that the new company, named Suez Canal Holding Company for Industries and Naval Services and Investments, will be headquartered in the north-eastern city of Ismailia and will be subject to public business sector provisions and regulations.

 

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