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Business
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Markets & Companies
3/25/2025 9:50:27 PM
Prime Minister Mostafa Madbouly attended the signing ceremony on Tuesday for establishing nine industrial projects and two service centres as part of the Xin Feng Integrated Metallurgical Complex in the Sokhna Integrated Zone, part of the Suez Canal Economic Zone (SCZone).
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Business
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Economy
3/16/2025 5:44:57 PM
Walid Gamal El-Din, Chairman of the General Authority for the Suez Canal Economic Zone (SCZone), and Chen Xiaodong, President of the Chinese Jiangsu Guotai company, signed a usufruct contract to establish a ready-made garment factory for the latter.
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Business
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Markets & Companies
3/6/2025 12:00:00 AM
Egyptian conglomerate Organi Group acquired 50 percent of Rolling Plus Chemical Industries in partnership with Concrete Plus, to revive €1 billion tyre manufacturing facility — the first of its kind in the Middle East — in the Suez Canal Economic Zone (SCZone).
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Business
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Economy
2/26/2025 3:23:20 PM
The Suez Canal Economic Zone (SCZone) announced that it had signed two significant deals worth $125 million in investments with Indian company FerroGenesis for Silico Manganese and Turkish textile giant Eroglu Knitting on Tuesday.
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Business
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Economy
1/30/2025 5:57:01 PM
The net revenues of the General Authority of the Suez Canal Economic Zone (SCZone) have surged to approximately EGP 5.7 billion during the first half of fiscal year (FY) 2024/2025, a 32 percent increase from the EGP 4.3 billion recorded during the same period in FY2023/2024, according to a cabinet release on Thursday.
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Egypt
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Foreign Affairs
1/21/2025 8:43:51 PM
President Abdel-Fattah El-Sisi discussed with his Russian counterpart Vladimir Putin on Tuesday the latest developments in Egyptian-Russian economic relations, especially establishing a Russian industrial zone in the Suez Canal Economic Zone and constructing the El-Dabaa Nuclear Power Plant.
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Business
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Economy
12/15/2024 7:02:41 PM
Chairman of the Suez Canal Economic Zone (SCZone), Waleed Gamal El-Din, signed two new contracts for food industries and textile projects in the West Qantara Industrial Area, valued at a total of $38 million, a statement released by SCZone said on Sunday.
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Business
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Economy
12/8/2024 5:22:36 PM
Chairman of Egypt's Suez Canal Economic Zone (SCZone) Walid Gamal El-Din announced that China's total investment in the Suez Canal Economic Zone (SCEZ) has surpassed $3 billion, according to a statement released by the Egyptian cabinet on Sunday.
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Business
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Economy
11/28/2024 6:29:16 PM
Walid Gamal El-Din, chairman of the Suez Canal Economic Zone (SCZone), participated in the groundbreaking ceremony for the CNG Egypt New Energy Glass project, a subsidiary of China Glass Holding, in the TEDA industrial zone in Ain Sokhna, Egyptian Cabinet announced on Thursday.
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Business
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Economy
11/22/2024 1:45:49 PM
Suez Canal Economic Zone (SCZone) has laid the foundation for the Eroğlu Egypt for Ready-Made Garments project, valued at $51 million, in partnership with Turkish Eroğlu Global Holding, according to a statement published on Egyptian Cabinet on Wednesday.
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Business
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Economy
11/21/2024 10:34:13 PM
The Suez Canal Economic Zone (SCZone) has signed a land use agreement with Orascom Industrial Parks for the development and expansion of 3.3 km² in the Sokhna Industrial Zone, valued at EGP 12.87 billion, according to a release published by the Egyptian Cabinet on Thursday.
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Business
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Economy
11/6/2024 4:40:31 PM
The Egyptian Siraj Lighting and Emirati VESRA MEA LLC-FZ companies have signed a $15 million project contract in the Suez Canal Economic Zone (SCZone).
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Business
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Economy
11/6/2024 12:41:56 PM
The Suez Canal Economic Zone (SCZone) will establish a dedicated pharmaceutical industry zone covering an area of four million square metres (m²) to attract medicine and medical device manufacturers, Chairman of the SCZone Walid Gamal El-Din announced on Monday.
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Business
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Economy
10/30/2024 11:13:37 PM
Chairman of the General Authority for the Suez Canal Economic Zone (SCZone) Walid Gamal El-Din witnessed the signing of a contract for Indian Pearl Group’s polyurethane production project, valued at EGP 100 million in the Sokhna industrial area, SCZone Authority announced on Wednesday.
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Business
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Economy
10/8/2024 6:28:35 PM
Walid Gamal El-Din, chairman of Egypt’s Suez Canal Economic Zone (SCZone), witnessed the signing of the first phase of the PYRAMIDS ALU project aimed at producing solar mounting systems at Ain Sokhna industrial zone with an investment worth of $1.8 million, according to a statement by the SCZone.
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Business
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Economy
10/2/2024 7:32:47 PM
The European Bank for Reconstruction and Development (EBRD) inked on Wednesday a partnership agreement with Transfora, a business process automation company and a subsidiary of the Kuwaiti firm Agility, to develop a comprehensive digital platform for the Suez Canal Economic Zone (SCZone).
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Egypt
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Tourism
10/2/2024 6:19:49 PM
The tourist pier at West Port Said Port received the giant Dutch cruise ship Nieuw Statendam on Wednesday as part of a day trip.
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Business
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Economy
9/30/2024 5:02:17 PM
INTRO Technology, the technology division of INTRO Investments Holding, has signed a strategic memorandum of understanding (MoU) with Oman Data Park to establish the Kemet Data Centre valued at $450 million in the Suez Canal Economic Zone (SCZone).
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Business
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Economy
9/22/2024 6:05:11 PM
Egypt laid the foundation for Chemtics Egypt Chemicals factory with an investment of $30 million in Ain Sokhna, according to the General Authority of the Suez Canal Economic Zone (SCZONE).
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Business
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Economy
9/8/2024 5:31:30 PM
The Suez Canal Economic Zone (SCZONE) signed nine agreements for six projects with Chinese investors valued at more than $1.067 billion, according to a press release by the SCZONE on the sidelines of the Forum of China-Africa Cooperation (FOCAC).
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