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National Marine Dredging : Wave of Pledges for Egypt Port

Posted on November 13, 2015

By Sarah Smierciak, 4-traders

Multibillion dollar pledges from GCC investors to fund port and real estate projects in Egypt dominated an economic conference held in the north coast town of Marsa Matrouh at the end of last month.

The UAE and Saudi Arabia took centre stage with multibillion dollar pledges, mainly for property development and plans to build “the north coast’s largest trading port”.

The Matrouh the Future of Investment conference showcased investment opportunities in Egypt’s north-western most province, which shares a border with Libya and spans about 500 kilometres of Egypt’s Mediterranean coastline.


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