}

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H&L Egypt Apparel breaks ground on $30M factory in SCZONE

Moustafa Shaikhon, Chairman of the Suez Canal Economic Zone (SCZONE), attended the groundbreaking ceremony for South Korean sportswear manufacturer H&L Egypt Apparel’s factory in the Qantara West Industrial Zone, with investments of $30 million.

Updated 43m20h
Egypt, South Korea sign 12 MoUs to boost economic ties, launch CEPA talks

Egypt and South Korea signed 12 agreements and memoranda of understanding (MoUs) to strengthen bilateral ties and expand cooperation across key economic sectors

Updated 10/11/2026 12:13:00 AM
China's Vanward breaks ground on $12M second phase of Sokhna home appliance plant

China-based appliance manufacturer Vanward has broken ground on the $12 million second phase of its Vanward Egypt for Home Appliances plant in the Sokhna Industrial Zone, according to a statement from the General Authority for the Suez Canal Economic Zone (SCZONE).

Updated 10/6/2026 3:11:00 PM
Fitch expects Egypt’s transport, logistics upgrades to drive trade growth

Egypt’s industrial policy, logistics development, and strategic location are expected to support steady growth in trade volumes and strengthen its role as a regional hub for trade, manufacturing, and logistics, according to a Fitch assessment summarized by the Cabinet Media Center.

Updated 10/6/2026 1:02:00 PM
SCZONE to develop EGP 1B truck yard at Sokhna Port

The Suez Canal Economic Zone (SCZONE) inked a contract with Nafith Egypt Logistics to develop and operate a digitally managed truck yard at Sokhna Port, with investments exceeding EGP 1 billion

Updated 9/27/2026 12:08:00 AM
SCZONE targets more Norwegian investment in industrial, maritime sectors

The Suez Canal Economic Zone (SCZONE) is seeking to attract more European and international investment, including from Norway, as it looks to expand its investor base and strengthen integration with global supply chains, SCZONE Chairman Moustafa Shaikhon said.

Updated 9/23/2026 9:07:00 PM
Egypt proposes Austrian logistics zone in SCZONE

Egyptian Prime Minister Mostafa Madbouly proposed exploring an Austrian logistics zone within the Suez Canal Economic Zone (SCZONE) to serve as a gateway for Austrian exports to Arab and African markets.

Updated 9/23/2026 8:14:00 AM
Singaporean companies plan to double investments in Egypt

Investment and Foreign Trade Minister Mohamed Farid met with representatives of Singaporean companies operating in Egypt to discuss expansion plans and investment opportunities, according to a statement.

Updated 9/17/2026 12:32:00 PM
Egypt, Rosatom Smart Utilities discuss seawater desalination project at El Dabaa nuclear site

Minister of Electricity and Renewable Energy Mahmoud Esmat discussed the latest developments on a project to establish an integrated seawater desalination project at the El Dabaa Nuclear Power Plant site with Rosatom Smart Utilities.

Updated 9/16/2026 8:34:00 AM
Egypt, India target $12B in bilateral trade

President Abdel Fattah El-Sisi and Indian Prime Minister Narendra Modi discussed boosting cooperation between Egypt and India and increasing bilateral trade between Egypt and India to $12 billion.

Updated 9/13/2026 2:07:00 PM
El-Sisi, Putin discuss progress on major Egyptian-Russian projects

President Abdel Fattah El Sisi and Russian President Vladimir Putin discussed enhancing cooperation between Egypt and Russia across various fields.

Updated 9/13/2026 12:08:00 AM
Egypt, India seek deeper industrial partnerships, new investments

Egypt and India are exploring expanded industrial cooperation and new Indian investments in the Egyptian market, with a focus on private-sector partnerships, technology transfer, and export-oriented manufacturing.

Updated 9/10/2026 11:20:00 AM
SCZONE, Kenya explore cooperation on green manufacturing, renewable energy

The General Authority for the Suez Canal Economic Zone (SCZONE) and Kenya explored cooperation on green manufacturing, renewable energy projects, and sustainable development across Africa.

Updated 9/9/2026 7:59:00 AM
Finland's Kekkila-BVB plans alternative growing media plant in SCZONE with Agriventure

Finnish growing media company Kekkila-BVB plans to establish a factory in Egypt in partnership with Egyptian agritech company Agriventure.

Updated 9/8/2026 12:30:00 PM
WTC Cairo hosts 2026 WTCA Middle East & Africa Conference in September

World Trade Center (WTC) Cairo will host the second WTCA Middle East & Africa Conference from September 7 to 9, 2026, bringing together business leaders, investors, policymakers, and WTC representatives from Africa, the Middle East, and international markets.

Updated 9/8/2026 12:21:00 PM
Madbouly inaugurates $7.5M expansion of SIRAJ Group’s FLARE factory in SCZONE

Prime Minister Mostafa Madbouly inaugurated the $7.5 million expansion of SIRAJ Group’s FLARE factory in the Sokhna Industrial Zone, part of the Suez Canal Economic Zone (SCZONE).

Updated 9/6/2026 8:13:00 PM
Technovision opens $16M medical equipment plants in SCZONE with German, Chinese partners

Prime Minister Mostafa Madbouly inaugurated two factories owned by the medical equipment company Technovision for Industry and Trade in the Sokhna Industrial Zone, part of the Suez Canal Economic Zone (SCZONE), with combined investments of $16 million.

Updated 9/6/2026 8:03:00 PM
Madbouly inaugurates BeiXin Taishan Egypt’s $10M building materials factory in Sokhna

Egyptian Prime Minister Mostafa Madbouly inaugurated BeiXin Taishan Egypt Building Materials Technology’s $10 million factory in the Sokhna Industrial Zone, part of the Suez Canal Economic Zone (SCZONE).

Updated 9/6/2026 2:37:00 PM
Madbouly inaugurates White Stone Egypt Mining’s $5M calcium carbonate plant in Sokhna

Egyptian Prime Minister Mostafa Madbouly inaugurated White Stone Egypt Mining’s $5 million calcium carbonate plant in the Sokhna Integrated Industrial Zone, part of the Suez Canal Economic Zone (SCZONE).

Updated 9/6/2026 2:33:00 PM
Madbouly opens NaTrans’ $10 million fertilizer factory in SCZONE

Egyptian Prime Minister Mostafa Madbouly inaugurated NaTrans Fertilizers and Chemical Industries’ $10 million factory in the Sokhna Integrated Industrial Zone, which operates under the General Authority for the Suez Canal Economic Zone (SCZONE).

Updated 9/6/2026 1:43:00 PM
Funds for Old Fashioned Start-ups

During the past fifteen to twenty years, there has been a generation of new private equity funds that were founded and developed across Africa, primarily with the backing of worldwide and European development finance institutions (DFIs) and private capital. This crowd of funds is specialized in mid-cap and small- and medium-sized enterprise (SME) equity financing, with a lesser focus on venture capital (VC), debt, infrastructure, and real estate investments.

Updated 8/21/2023 8:32:00 AM