Egypt's Suez Canal Economic Zone authorized to set up company to manage investments
STORY: Egypt's Suez Canal Economic Zone authorized to set up company to manage investments
DATELINE: Aug. 4, 2023
LENGTH: 00:01:05
LOCATION: Cairo
CATEGORY: POLITICS/ECONOMY
SHOTLIST:
1. various of the Egyptian cabinet headquarters
2. various of Prime Minister Mostafa Madbouly speaking
3. various of the Sokhna port
4. various of factories within the Suez Canal Economic Zone
5. various of the Suez Canal Economic Zone under development
STORYLINE:
The Egyptian government on Thursday authorized the General Authority for Suez Canal Economic Zone (SCZone) to set up a joint-stock company called "SCZone Istithmar" to manage investments.
According to a decision published by the official gazette, Egyptian Prime Minister Mostafa Madbouly has approved the move to establish the company, which is tasked with formulating strategic plans to manage the SCZone's current and future investments and set up joint development enterprises with the private sector.
The company will also seek cooperation and establish partnersh
- Product Code
- ILEA001585392
- Registered date
- 2023/8/04 00:00:00
- Credit
- Xinhua / Kyodo News Images
- Media source
- Xinhua News Agency.All Rights Reserved
- Media size
- 1920 × 1080 pixel
- Deployment size
- 74.32(MB)*
*File size when opened in Photoshop, etc.