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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Business
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Markets & Companies
8/14/2024 6:21:46 PM
The General Authority for Suez Canal Economic Zone (SCZONE) in cooperation with the Turkish group Eroğlu Global Holding announced the launch of a $40 mln garments project in the West Qantara Industrial City.
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Business
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Economy
7/18/2024 5:52:02 PM
The revenues of the Suez Canal Economic Zone (SCZONE) hit its all-time high of EGP 8.25 billion in FY 2023/2024, marking a 36 percent growth by EGP 6.07 billion, compared to FY 2022/2023, SCZONE announced in a statement on Thursday.
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Business
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Markets & Companies
7/14/2024 10:01:42 PM
The Suez Canal Economic Zone (SCZONE) and Chinese company Zhejiang Hengsheng laid Sunday the cornerstone of the $70 million textiles and clothing factory in West Qantara Industrial City in Ismailia.
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Al-Ahram Weekly
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Features
7/2/2024 5:24:00 PM
The development of the Ain Sokhna Port, part of the Suez Canal Economic Zone, has facilitated the expansion of investment in the area, reports Karima Abdel-Ghani
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