DP World signs for development of economic zone in Sokhna in Egypt

Newspaper Title: http://www.africanbusinessreview.co.za

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Friday - 10 November 2017

The Dubai-based DP World have signed a partnership agreement with Suez Canal Economic Authority on 7 November.

Admiral Mohab Mamish, Chairman of the Suez Canal Authority and the Suez Canal Economic Zone (SCZone), and Sultan Ahmed bin Sulayem, CEO and Group Chairman of DP World signed a deal to develop an integrated industrial and residential zone at Sokhna.

The Prime Minister of Egypt, Sherif Ismail, witnessed the signing which took place at a ceremony in Sharam el-Sheikh at the World Youth Forum.