Chinese hygiene products manufacturer Jieya Egypt has laid the foundation stone for a $67 million industrial complex in the Ain Sokhna Integrated Zone, with production scheduled to begin within two years.
Updated 8/20/2026 12:26:00 PMEgypt is mulling over cooperation with a Chinese group to establish an integrated industrial complex in the Suez Canal Economic Zone (SCZONE), with planned investments of $2 billion.
Updated 8/20/2026 12:15:00 PMEgypt-Saudi joint venture Techno Bond will establish an industrial complex to produce cladding panels and aluminum rolls in the Suez Canal Economic Zone (SCZONE), with targeted investments of $50 million.
Updated 8/20/2026 4:38:00 AMChinese renewable energy company Sungrow has laid the foundation stone for a $50 million energy storage systems assembly factory in the Ain Sokhna Industrial Zone.
Updated 8/18/2026 5:29:00 AMEgypt implemented 508 measures to support the private sector in 2025, accounting for 50.4% of the reforms introduced between May 2022 and December 2025.
Updated 8/16/2026 1:29:00 PMPresident Abdel Fattah El-Sisi issued a presidential decree appointing Moustafa Shaikhon as Chairman of the Suez Canal Economic Zone Authority (SCZONE), with the rank of Minister, for one year, effective on August 12.
Updated 8/13/2026 4:54:00 AMZhejiang Jiansheng Group Company, known as Jasan Group, has broken ground on a textile and apparel complex in the Qantara West Industrial Zone, with total investments of $117 million
Updated 8/10/2026 1:36:00 PMWaleid Gamal El-Dien, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), witnessed the signing of a contract with Capital Company for Factory Management and Development to establish and invest in an industrial project in the West Qantara Zone.
Updated 8/9/2026 1:22:00 AMEgypt’s freight and logistics market is projected to grow from $10.93 billion in 2025 to $14.66 billion by 2031, recording a compound annual growth rate (CAGR) of 5.04% between 2026 and 2031.
Updated 8/4/2026 1:24:00 PMMinister of Petroleum and Mineral Resources Karim Badawi discussed accelerating the implementation of several strategic industrial and petrochemical projects in Egypt with a delegation from China National Chemical Engineering Group Corporation (CNCEC).
Updated 7/28/2026 6:26:00 AMThe Mineral Resources and Mining Industries Authority (MRMIA) signed a memorandum of understanding (MoU) with Genesis Mining to develop an integrated mining and industrial project for the exploitation of phosphate ore in New Valley Governorate
Updated 7/26/2026 3:00:00 AMMinister of Investment and Foreign Trade Mohamed Farid held talks with representatives of 30 Indian companies operating in Egypt to discuss their expansion plans
Updated 7/26/2026 12:34:00 AMThe third week of July ended with a handful of major economic developments and grand deals in the energy sector, including a six-year agreement between Petrojet and Enppi.
Updated 7/22/2026 12:29:00 PMhe General Authority for the Suez Canal Economic Zone (SCZONE) discussed ways of deepening cooperation in the industrial and logistics sectors with the US Department of Commerce, as well as probed potential opportunities for American companies within the economic zone.
Updated 7/22/2026 7:55:00 AMThe General Authority for the Suez Canal Economic Zone (SCZONE) and India explored ways to strengthen investment cooperation and expand Indian industrial projects across the zone’s priority industrial and logistics sectors.
Updated 7/21/2026 1:53:00 PMSeven Egyptian investors have signed memoranda of understanding (MoUs) to allocate industrial land for building factories producing strategic products at Elsewedy Industrial City in Tanzania.
Updated 7/19/2026 1:26:00 PMChina-Egypt TEDA Suez Economic and Trade Cooperation Zone is negotiating with the Egyptian government to secure an additional 10 square kilometers within the Suez Canal Economic Zone (SCZONE), a move that would nearly double its current area.
Updated 7/19/2026 12:21:00 AMThe second week of July closed with notable economic developments, led by the SCZONE reporting total revenues of EGP 15.9 billion for fiscal year (FY) 2025/2026, exceeding its budget projection of EGP 10.5 billion by 51%.
Updated 7/16/2026 1:11:00 PMThe General Authority for the Suez Canal Economic Zone's (SCZONE) total revenues during the fiscal year (FY) 2025/2026 reached EGP 15.9 billion, marking a 51% increase over the FY's budget projections of EGP 10.5 billion, the authority's board stated in a meeting on the SCZONE's unaudited financial indicators.
Updated 7/16/2026 4:11:00 AMThe Suez Canal Economic Zone (SCZONE) has signed an agreement with Türkiye's Ukinox Manufacturing Company to establish a stainless steel kitchen sink manufacturing facility in the Ain Sokhna Industrial Zone, with an investment of $14 million.
Updated 7/15/2026 10:03:00 AMDuring 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