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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 55m17h
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 36m19h
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
Al-Ahram Chemicals invests $10M in new formaldehyde complex in Sokhna Industrial Zone

The General Authority for the Suez Canal Economic Zone (SCZONE) has signed a contract with Al Ahram Chemicals to establish an industrial complex for the production of formaldehyde and related derivatives in the Sokhna Industrial Zone, with total investments of $10 million.

Updated 10/29/2025 12:08:00 PM
SCZONE launches 2 textile projects in Qantara West with $20.5M Investment

The General Authority of the Suez Canal Economic Zone (SCZONE) has laid the foundation stone for two textile and garment projects in the Qantara West Industrial Zone, with total investments amounting to $20.5 million, as per a statement.

Updated 10/28/2025 2:29:00 AM
Madbouly opens $12M Punalu's plastic, wood industries plant in Sokhna

Prime Minister Mostafa Madbouly inaugurated the Punalu for Plastic and Wood Industries Factory in the Sokhna Integrated Industrial Zone, under the General Authority for the Suez Canal Economic Zone (SCZONE).

Updated 10/27/2025 8:35:00 AM
Madbouly inaugurates $85M DP World's logistics park in Sokhna

Prime Minister Mostafa Madbouly inaugurated DP World's logistics park during his visit to the Sokhna Integrated Industrial Zone, part of the General Authority for the Suez Canal Economic Zone (SCZONE).

Updated 10/27/2025 7:40:00 AM
SCZONE signs $75M contracts for 3 new projects in Qantara West

The SCZONE has signed contracts for three new industrial projects in the Qantara West Industrial Zone, with total investments exceeding $75 million and expected exports surpassing $100 million annually.

Updated 10/27/2025 3:13:00 AM
SCZONE chief touts Egypt’s green fuel hub ambitions at Tokyo HENCA 2025

Chairman of the General Authority of the Suez Canal Economic Zone (SCZONE) Waleid Gamal El-Dien met with representatives from Toyota Tsusho Corporation, Zensho Holding Corporation, and Tokyo government officials during his visit to Japan.

Updated 10/22/2025 2:28:00 AM
Elsewedy Industrial Development signs $65M contracts with 4 major Chinese textile firms

Elsewedy Industrial Development has signed four contracts with major Chinese textile companies to establish new factories in Sokhna 360, with $65 million in investment.

Updated 10/20/2025 11:43:00 AM
Infinity Fabric to build $15M yarn, textile factory in Sokhna industrial zone

The General Authority for the Suez Canal Economic Zone (SCZONE) has signed a contract with Infinity Fabric for a yarn and textile manufacturing project in the Sokhna Industrial Zone, with total investments of $15 million, as per a statement.

Updated 10/15/2025 3:16:00 AM
SCZONE, BMEC Imaging to build $4.5M medical technology facility in Sokhna

The General Authority for the Suez Canal Economic Zone (SCZONE) signed a contract with BMEC Imaging Egypt to establish a medical technology manufacturing and remanufacturing facility in the Sokhna Industrial Zone, with investments totaling $4.5 million.

Updated 10/5/2025 2:12:00 AM
Türkiye’s HIPER Plastic to develop 1st recycling project in Qantara West

Türkiye-based HIPER Plastic is set to establish the first recycling project in the Qantara West Industrial Zone, with a total investment of $40 million (EGP 2 billion).

Updated 9/30/2025 11:01:00 AM
SCZONE launches 1st roadshow in Türkiye to promote investments in Egypt

The General Authority for the Suez Canal Economic Zone (SCZONE), chaired by Waleid Gamal El-Dien, has launched its first roadshow to Türkiye to promote investment opportunities in Egypt.

Updated 9/30/2025 7:17:00 AM
Egypt allocates EGP 15B for Qantara West's infrastructure overhaul

The upgrade of the Qantara West Zone and implementing its infrastructure and all requirements is expected to cost EGP 15 billion.

Updated 9/21/2025 9:01:00 AM
China’s Hengsheng opens $70M textile factory in SCZONE

Prime Minister Mostafa Madbouly opened the factory of China’s Hengsheng Textile Technology Company in the Qantara West Industrial Zone, with investments worth $70 million

Updated 9/21/2025 6:07:00 AM
Madbouly inaugurates $475.8M water treatment plant in Qantara West

Prime Minister Mostafa Madbouly has inaugurated a water station and the wastewater intake project in the Qantara West Industrial Zone, with a total investment exceeding EGP 475.8 million.

Updated 9/21/2025 6:00:00 AM
Overchuk, Madbouly review Russian industrial zone in SCZONE, Dabaa project

Russian Deputy Prime Minister Alexei Overchuk welcomed the prospects of the creation of the Russian industrial zone in the Suez Canal Economic Zone (SCZONE)

Updated 9/17/2025 8:26:00 AM