red sea ports revenues are 90 percent more than the target in fy 201718
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Red Sea Ports revenues are 90 percent more than the target in FY 2017-18

Arab Today, arab today

Arab Today, arab today Red Sea Ports revenues are 90 percent more than the target in FY 2017-18

Ships at one of Egypt's Red sea ports.
Cairo - MENA

Revenues from the Red Sea Ports Authority reached EGP 2.264 billion during 2017-2018 fiscal year, 90-percent more than the target. 

The net profit stood at EGP 855 million, 50-percent more than the target. 

Chairman of the Authority, Hisham Abu Senna, attributed the increase in revenues to a strategy that made optimal use of all potentials at the Red Sea ports, not to mention decisions made to develop resources. 

He also touched upon an increase in the number of ships that transited the Suez Canal, as well as the volume of cargo traded at different Red Sea ports.

Some of the Red Sea ports include: Safaga, Hurghada, Sharm El Sheikh, Nuwaiba and Suez ports.

An investment plan worth EGP 431 million was implemented to Safaga, Hurghada and Nweiba ports, with the private sector managing business and services projects in an attempt to benefit from its expertise, and to provide job opportunities at governorates where the ports reside.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

red sea ports revenues are 90 percent more than the target in fy 201718 red sea ports revenues are 90 percent more than the target in fy 201718

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

red sea ports revenues are 90 percent more than the target in fy 201718 red sea ports revenues are 90 percent more than the target in fy 201718

 



GMT 05:14 2017 Friday ,22 December

European stocks struggle as US tax cut euphoria wanes

GMT 22:10 2016 Thursday ,10 November

Israeli Navy Target Palestinian Fishing Boats

GMT 05:51 2016 Sunday ,18 December

Kuwait's KRCS extends "Aleppo Scream" campaign

GMT 12:05 2017 Sunday ,05 March

Security agreement between Tunisia and Algeria

GMT 16:05 2017 Sunday ,19 February

Trudeau calls for wider social benefit from economy

GMT 21:43 2017 Sunday ,09 April

Qabil inaugurates 5 factories in Sohag

GMT 15:15 2017 Thursday ,30 November

Slavery scandal overshadows EU-Africa summit

GMT 11:04 2017 Thursday ,05 January

Detroit auto show comes amid uncertain Trump future

GMT 12:08 2015 Monday ,02 March

ADSB delivers 34 boats to CICPA

GMT 01:25 2017 Wednesday ,05 April

Nepal to relocate five rare one-horned rhinos

GMT 12:18 2017 Saturday ,21 October

Libyan conflicting parties return to negotiating table

GMT 15:46 2018 Wednesday ,12 December

Festive Fashion by Dubai-based designer ASMARAÏA

GMT 18:29 2018 Wednesday ,31 October

Shaikh Sultan opens biggest Sharjah book fair
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday