طبيبه امريكيه تعلن اسلامها بسبب شئ غريب وجدته عند الكشف على سيدة مسلمه !!!

Banks will issue ATM cards so eligible investors can withdraw the

 accrued amount every three months, and private banks can request certificates from participating banks on behalf of their customers, Aswat Masriya quoted Ramez as saying. Certificate holders are eligible to apply for loans from issuant banks for up to 90 percent of their certificate value.

But questions surround the viability of this new method of financing a national project on this scale, as well as the feasibility of the expected dramatic rise in canal revenue.

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لن تصدق قصة هذا المتشرد !!

The project was lauded as a national achievement, on par with the construction of Aswan’s High Dam. In an essay typical of the genre, Ahmed al-Naggar, head of government think tank the Al-Ahram Center, described the canal expansion as a “giant national project that is a main gateway for Egypt’s economic boom to summon the savings capacity of the great people of Egypt, at home and abroad, to build the future, destiny and path for their country with the money, brains and achievements of the people.”

At first, officials said the canal would be financed through an initial public offering, floating shares on the Egyptian Stock Exchange. Then, on August 14, Prime Minister Ibrahim Mehleb announced the canal would be funded by five-year investment certificates through the four main state-owned banks: Banque Misr, the National Bank of Egypt, Banque du Caire and Suez Canal Bank.

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الحذاء الذى يقدر بالملايين !

Ramez said that the lower priced certificates are meant to “encourage every segment of society to contribute to the project,” adding that banks will send representatives to schools in a bid to attract students. He added that authorities are expecting a lot of demand that should easily cover the total costs of the project. If not, participating banks will come together and grant a collective loan to the government.

Overall, the expansion and development plans are expected to increase canal revenues to US$13.5 billion by 2023, compared to $5.3 billion last year, Ramez said on Sunday.

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هل تعلم بما أوصانا الرسول حتى لا نصاب بالتليف الكبدى ؟؟

he opening phase in a larger plan to develop the canal region into a hub for global trade, industry and logistics, the canal extension is to involve dry digging a new waterway 35 kilometers long, as well as 37 kilometers of expanding and deepening the existing canal, for a total of 72 kilometers.

In line with public fundraising efforts such as the Tahya Masr fund, officials announced that the digging, with an estimated cost of around LE60 billion, would be funded by public contributions. The canal expansion will allow two-way traffic and ease bottlenecks along the canal, cutting transit time and allowing larger ships to traverse the waterway.

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للرجال فقط....هل تعلمون ما يحدث للرجل إذا أكل محشي ورق عنب !!!

aranteed by the Ministry of Finance, the values of the non-tradable certificates range from LE10 to LE100 to LE1,000 and carry an interest rate of 12 percent. For certificates of LE1,000 and above, the interest will be distributed every three months, while for the lower brackets, the accrued interest will be distributed cumulatively at the end of a predetermined 5-year maturity period, according to the Aswat Masriya news portal.

After promising that he had a “surprise” for the Egyptian people, President Abdel Fattah al-Sisi unveiled a plan to expand the Suez Canal during a televised speech on August 5.

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أعـرف أصولك من شكل أصابع قدميك

A specific date has not been set, but the certificates will be available to the public after a presidential decree is passed to ratify a law drafted by the Cabinet, which allows the Suez Canal Authority to issue certificates.

The Central Bank has already printed six million certificates, according to Central Bank Governor Hesham Ramez, who spoke about the details of the financing scheme at a press conference on Sunday. Egyptians living abroad will be able to buy certificates from corresponding local banks once they are announced on the CBE’s website.

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يقول العلماء أن آلم طلوع الروح من الجسد يعادل 3 الاف ضربه سيف !!

After deciding that the financing needs of the Suez Canal development project will be pooled from investment certificates made available to the public, authorities have announced that Egyptian pound-denominated certificates will be available locally and abroad.

Dollar-denominated certificates are still under discussion, while restricting the purchase of the Suez Canal Investment Certificates to Egyptian individuals and legal entities reflects the government’s strong desire to create and preserve a national identity for the mega-scale project.

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ثعبان ضخم عندما قتلوه وفتحوا بطه ، وجدوا ما لا يتوقعوه ابدا

“Doubling the number of vessels passing through the Suez Canal is primarily linked to the global trade movement, which increases by 2-3% in regular periods, excluding periods of recession,” he said. “This raises concerns about the achievement of the desired figures and revenues.” Funding the project through investment certificates is also problematic, especially with the high interest they offer, he added.

“The financial return on investment certificates will be funded from the profits of the Suez Canal, until the new canal achieves financial surpluses,” Sheneti said. “Consequently, there is a problem with economic feasibility that will affect the net income of the Suez Canal allocated to cover the deficit and finance part of the state’s general budget.”

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شئ نفعله جميعا بعد الاستحمام يسبب الموت !!

However, several state-run and independent media outlets celebrated the appearance of water as a sign of progress, while official statements presented the use of dredges as a triumph.

“The introduction of dredges to the construction site marks the start of a new stage in the project,” said Mohab Mamish, chairman of the Suez Canal Authority. “The fact that this stage started only 24 days after the beginning of the project is an achievement in itself.”

Revenue

Economic concerns relating to technical challenges have been voiced by experts. Economist Omar al-Sheneti said he was skeptical about the amount of revenue that the project is expected to generate, and questioned the official argument that digging a new canal would increase the number of vessels passing through it.

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ذكـــــــــــــــاء رجل

“The cost of drilling underwater will exceed 10 times the cost of drilling in dry lands,” said engineering professor Haitham Awad. The proximity of the drilling site to the original canal played a major role in creating the problem, he added. “The drilling site chosen was 400 meters from the Suez Canal, but it would have been better to choose a site between 8 and 10 kilometers from the old canal.”

Iman Fathi, an expert at the Ministry of Irrigation and Water Resources, said the appearance of underground water was due to the absence of necessary research that should precede implementation. “There were not enough studies conducted on the characteristics of the soil in the construction sites,” she said. This will not only drastically increase costs, but also make timely completion impossible, she added.

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لماذا تتمايل المرأة فى مشيتها فى الشارع ؟

The Guardian newspaper ran an article about thousands of Egyptians being evicted without compensation to make way for the new canal. Patrick Kingsley and Manu Abdo reported that in the villages of Qantara and Abtal, 1,500 homes were destroyed and another 5,000 are threatened.

“Soldiers told evicted villagers they had no right to live on the land as it technically had always belonged to the army,” they wrote. “Some of those who argued back were arrested.”

Implementation

The project is seen by some as a national achievement, and by others as an uncalculated adventure. A major implementation challenge has already emerged with the appearance of underground water during the drilling process. This is expected to greatly increase costs, especially in light of the one-year deadline set by the president, which the army has promised to stick to.

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هل تعلمون من تكون ، وماذا فعلت هذه السيدة ؟

On Sept. 4, investment certificates aimed at funding the Suez Canal development project were available for purchase at Egypt’s four public banks. By the end of the day, the total amount paid had reached 6 billion Egyptian pounds ($839 million), according to Hesham Ramez, governor of the central bank.

He attributed the demand to “the patriotism of Egyptians who are keen on contributing to such an enormous national project,” as well as the relatively high interest provided by the certificates. “Almost 90% of the buyers are individuals and not corporations,” he said. The turnout led to banks extending their working hours.

However, Investment Minister Ashraf Salman said prior to the issuing of the certificates that he expected the money raised to cover the total cost of digging the new canal, which is 60 billion Egyptian pounds.

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