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EGYPT - 16/09 13:57 CET

Egyptian investors really dig the Suez Canal expansion

Egyptian investors really dig the Suez Canal expansion

The Egyptian government has raised the 60 billion Egyptian pounds (6.6 billion euros) it needs to expand the Suez Canal in just eight days, mostly locally. Egypt’s central bank governor said the sale of investment certificates is now closed. The five-year investment certificates have a 12 percent interest rate and will pay…