Deputy Chairman of Damietta Port Authority for Planning and Investment Mohamed el Sadat said the revenues of the authority witnessed this year a 125-million-pound increase compared to last year.
The revenues increased by 7 percent during the phase between 30 April to July, 1 in 2014.
In statements on Monday, el Sadat attributed the increase to upping the fees taken from ships that dock at the port and the operation of two new quays of 420-meter long.
The two quays' revenues are expected to bring in 30 million pounds in revenues annually.
Name (required) *
E-mail (required, but will not be published) *
Notify me of follow-up comments
Cleveland pitcher Corey Kluber and catcher Roberto Perez humbled the hard-hitting Chicago Cubs in Tuesday's World Series opener, but will be called…
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