Through the Suez Canal

Egypt is relying on the sale of shares to investors to fund its Suez Canal Axis Development Project, which is expected to cost at least $4 billion.

A Suez Canal Authority pilot vessel, centre, navigates a convoy of container ships as they pass southbound along the Suez Canal in Egypt. Kristian Helgesen / Bloomberg News

Arbee Balaba

Aug 06, 2014

Egypt is relying on the sale of shares to investors to fund its Suez Canal Axis Development Project, which is expected to cost at least $4 billion.