Egyptian president pledges to boost investment in Suez after ship freed

DUBAI: Egyptian President Abdel Fattah El-Sisi pledged to invest in the equipment needed to avoid a repeat of the closure of the Suez Canal over the past week.

He made the remarks as he visited Ismailia, en route to the vital trade artery — a day after the refloating of the giant MV Ever Given container ship.

“It is extremely important to provide any equipment and supplies that are continuously in place to contribute to the authority’s ability and meet its demands in light of the movement of ships development,” he said, Al Arabiya reported.