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Egypt’s Suez Canal cuts transit, mooring fees for Red Sea yachts

Cairo, Oct 13 (IANS) Egypt's Suez Canal Authority (SCA) announced a 20-50 per cent reduction in transit and mooring fees for yachts in the Red Sea, effective on November 1."The move is part of the SCA's flexible marketing policies to encourage yacht tourism and develop marine tourism in the Red Sea region by providing facilities and incentives for…
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Hemant Jain appointed as new PHDCCI President

New Delhi, Oct 12 (IANS) Hemant Jain has taken charge as new President of the PHD Chamber of Commerce and Industry (PHDCCI), it was announced on Saturday. He succeeds Sanjeev Agrawal, who now assumes the role of immediate former president…