Up to 131.104 million cubic meters of water-saturated sand have been dredged so far as part of the Suez Canal Development Project, said Mohab Mamish, head of the Suez Canal Authority, Friday.
As many as 37 dredgers are working in the project, Mamish said.
The daily dredging rate stands at about 1.589 million cubic meters of sand, he said.
The digging was funded through granting investment certificates to Egyptians with a 12% interest rate, and in eight days more than 60 billion pounds were collected.
Name (required) *
E-mail (required, but will not be published) *
Notify me of follow-up comments
Edin Dzeko hit his ninth and 10th league goals of the season as Roma stayed in hot pursuit of leaders Juventus with…
The facade of the world's tallest building, the Burj Khalifa in the Gulf emirate of Dubai, was lit up in pink Thursday…
It took just seven days for "Wizard of Oz" nostalgics to raise more than $300,000 in a crowdfunding drive to restore Dorothy's…
Powered and Developed by FilmMatters
Copyright © 2016 Arabtoday