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 43m20hEgypt 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 AMChina-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 PMEgypt’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 PMThe 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 AMThe 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 PMEgyptian 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 AMInvestment 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 PMMinister 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 AMPresident 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 PMPresident 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 AMEgypt 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 AMThe 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 AMFinnish 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 PMWorld 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 PMPrime 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 PMPrime 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 PMEgyptian 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 PMEgyptian 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 PMEgyptian 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 PMDuring 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