Date: Aug 15, 2014
Source: The Daily Star
New Suez Canal project to cost $8.4 bln: PM
Reuters
CAIRO: The new Suez Canal project will cost about 60 billion Egyptian pounds ($8.4 billion), funded by debt certificates to be issued "in about a week", Egyptian Prime Minister Ibrahim Mehleb said on Thursday in comments published by the state-run al-Ahram news portal. (1 US dollar = 7.1500 Egyptian pounds)