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SCZONE chairman lays foundation stone for $150M GENNVAX factory in Ain Sokhna

Waleid Gamal El-Dien, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), laid the foundation stone for GENNVAX factory, set to be Egypt’s biggest integrated vaccine manufacturing hub.

Updated 29m11h
Egypt breaks ground for $210M Atum Solar complex in SCZONE

Egypt has laid the foundation stone for the Atum Solar complex, a solar cells and module manufacturing hub in the Suez Canal Economic Zone (SCZONE)

Updated 23m17h
Egypt, Qatar ink $200M deal to launch SAF project in SCZONE

Egypt signed a contract with the Qatari group Al Mana Holding to produce sustainable aviation fuel (SAF) in the integrated Ain Sokhna area, part of the General Authority for the Suez Canal Economic Zone (SCZONE),

Updated 12/15/2025 7:37:00 AM
SCZONE inks $100M deal with China’s JASAN Group for textile complex

Waleid Gamal El-Dien, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), signed a deal with Zhejiang Jiansheng Group Company Limited, known as JASAN Group,

Updated 12/14/2025 12:04:00 PM
China's Ningbo Dashun Fur to build $40M microfiber production facility in West Qantara

The General Authority for the Suez Canal Economic Zone (SCZONE) signed a contract with China's Ningbo Dashun Fur to establish a microfiber manufacturing project in the West Qantara Industrial Zone.

Updated 12/14/2025 7:13:00 AM
SCZONE lays foundation stone for $70M XINMIN Glass factory

The Suez Canal Economic Zone (SCZONE) has laid of the foundation stone for the xinmin Glass factory inside Ain Sokhna 360, the integrated industrial city developed by Elsewedy Industrial Development in Sokhna Industrial Zone.

Updated 12/10/2025 12:56:00 PM
SCZONE, MIFRA pen contract for $7M metal industries factory in Ain Sokhna

The General Authority for the Suez Canal Economic Zone (SCZONE) and MIFRA have signed a contract to establish a new metal industries factory in Sokhna Industrial Zone.

Updated 12/9/2025 1:30:00 AM
SCZONE, TCI sign berth utilization, MoU for multi-purpose terminal at Ain Sokhna

The Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), Waleid Gamal El-Dien, witnessed the signing of a memorandum of understanding and a berth utilization agreement with Transcargo International (TCI) to operate a multi-purpose terminal at Ain Sokhna Port

Updated 11/30/2025 3:31:00 AM
Elsewedy Industrial Development, China's CJN to build $1B project in SCZONE

Elsewedy Industrial Development Company and CJN, a leading Chinese company in the phosphate industry, signed an agreement to establish one of the largest specialized phosphate chemical industrial complexes in the Middle East

Updated 11/27/2025 1:35:00 PM
China's WINPEX to establish $15M project in SCZONE

The General Authority for the Suez Canal Economic Zone (SCZONE) signed an agreement with the Chinese producer of lighting and electrical equipment WINPEX to develop a project in the Ain Sokhna Integrated Zone.

Updated 11/26/2025 11:02:00 AM
SCZONE, China Harbour Engineering explore port, infrastructure projects

The General Authority for the Suez Canal Economic Zone (SCZONE) and China Harbour Engineering Company (CHEC) discussed cooperation opportunities in developing port and infrastructure projects.

Updated 11/25/2025 3:10:00 PM
SCZONE draws $11.6B in investments over 3.5 years, Chinese share accounts for 50%

The General Authority for the Suez Canal Economic Zone (SCZONE) attracted investments estimated at $11.6 billion during the past three and a half years, 50% of which are Chinese investments, Chairman Waleid Gamal El-Dien announced.

Updated 11/25/2025 12:29:00 PM
SCZONE, Sky Ports to establish integrated multi-purpose terminal at Ain Sokhna Port

The General Authority for the Suez Canal Economic Zone (SCZONE) and Sky Ports Company penned a memorandum of understanding (MoU) to develop and operate an integrated multi-purpose terminal at Ain Sokhna Port

Updated 11/17/2025 11:11:00 AM
El-Sisi inaugurates maritime projects in SCZONE

President Abdel Fattah El-Sisi has inaugurated several maritime stations in the Suez Canal Economic Zone (SCZONE) at East Port Said Port, Spokesman for the Presidency Mohamed El-Shennawy announced.

Updated 11/17/2025 7:29:00 AM
Singapore’s Destiny Energy to develop $210M ammonia production plant in SCZONE

Singapore-based Destiny Energy Pte Ltd is planning to establish a $210 million green ammonia production plant in the Suez Canal Economic Zone (SCZONE).

Updated 11/12/2025 10:10:00 AM
Egypt, Saudi Arabia discuss doubling bilateral trade

Minister of Investment and Foreign Trade Hassan El-Khatib discussed doubling the volume of trade between Egypt and Saudi Arabia through mechanisms that would meet the aspirations of both nations

Updated 11/10/2025 10:37:00 AM
Chinese companies’ investments in Egypt surpass $8B: El-Khatib

More than 2,800 Chinese companies are operating in Egypt, with investments exceeding $8 billion across various sectors, Minister of Investment and Foreign Trade Hassan El-Khatib announced.

Updated 11/10/2025 8:53:00 AM
Elsewedy Industrial Development, Xinmin Glass to build $70M glassware plant in Sokhna 360

Elsewedy Industrial Development Company and Xinmin Glass Egypt Company signed a deal to establish a new factory for the production of glassware, pyrex products, and glass tableware within the Sokhna 360 area,

Updated 11/6/2025 5:51:00 AM
South Korea’s Samil Solution to launch $4.49M project in SCZONE

Waleid Gamal El-Dien, Chairman of the General Authority of the Suez Canal Economic Zone (SCZONE), signed a contract with the South Korean company Samil Solution.

Updated 11/6/2025 2:08:00 AM
TCI secures 1st customs license as a distribution center in SCZONE ports

Transcargo International (TCI), operating at Al Adabiya port within the Suez Canal Economic Zone (SCZONE), obtained the first customs license to operate as a distribution center within Egyptian ports

Updated 11/5/2025 11:46:00 AM