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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 29m19h
China tops Egypt’s foreign investment partners with $8B: GAFI CEO

Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), participated in the first panel of the Egypt-China Investment Forum

Updated 18m14h
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
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
CBE, China’s NFRA sign MoU to strengthen banking supervision cooperation

Deputy Governor of the Central Bank of Egypt (CBE) Tarek ElKholy and Vice Minister of China’s National Financial Regulatory Administration (NFRA) FU Wanjun signed a Memorandum of Understanding (MoU) to promote cooperation between the two institutions in banking supervision and regulatory frameworks, the CBE stated on October 15th.

Updated 10/16/2025 2:35:00 AM
Egypt, China’s MingYang discuss cooperation to localize wind turbine industry

Minister of Electricity and Renewable Energy Mahmoud Esmat discussed cooperation and investment opportunities in renewable energy and the localization of the wind turbine industry with officials from the Chinese company Mingyang Smart Energy, as per a statement.

Updated 10/5/2025 1:07:00 AM
El-Sisi explores tripartite cooperation with China’s Sungrow, Norway’s Scatec

President Abdel Fattah El-Sisi reviewed opportunities for tripartite cooperation between Egypt, Norwegian Company Scatec, and Chinese Group Sungrow

Updated 9/15/2025 9:27:00 AM
Chinese Sailun lays foundation stone for $1B factory in SCZONE

Waleid Gamal El-Dien, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), has laid the foundation stone for the Chinese Sailun Group’s factory in the Sokhna Integrated Industrial Zone.

Updated 9/10/2025 1:36:00 AM
SCZONE inks $130M contract with China’s EVERFAR for textile plant in Qantara West

The General Authority of the Suez Canal Economic Zone (SCZONE) has signed a contract with China’s textiles firm EVERFAR to establish EVERFAR Textile Egypt LLC in the Qantara West Industrial Zone with total investments of $130 million.

Updated 8/27/2025 3:43:00 AM
Egypt, China’s Ankura discuss localizing high-voltage cable industry

Egypt’s Minister of Electricity and Renewable Energy Mahmoud Esmat met with Xiao Ling Chen, CEO of Chinese Jiangsu Ankura Intelligent Power Co., to discuss cooperation in localizing the manufacture of high- and ultra-high-voltage cable terminations and transferring technology for gas-insulated cables and smart monitoring systems.

Updated 8/17/2025 3:28:00 AM
SCZone inks $85 Chinese flooring, wall panels project in Sokhna

The General Authority for the Suez Canal Economic Zone (SCZone) has signed a contract with the Chinese company Jiangsu Zhengyong to establish a PVC flooring and wall panels factory in the Sokhna Industrial Zone, with investments of $85 million, as per a statement.

Updated 8/14/2025 3:36:00 AM
Egypt’s Auto Market: Local Assembly vs Chinese Momentum

The government is actively pushing to reduce the country's reliance on imported vehicles and parts, aiming instead to foster a domestic manufacturing base. However, this ambition faces hurdles, particularly in the nascent but crucial electric vehicles (EVs) sector.

Updated 8/14/2025 1:52:00 AM
China's Sailun Group to build $1B tire factory in SCZone

Egypt has signed a contract with China’s Sailun Group to establish a tire manufacturing plant in the Suez Canal Economic Zone (SCZone), with total investments of about $1 billion over three phases, as per a statement.

Updated 8/13/2025 10:19:00 AM
SCZone, China’s Changzhou Ramada ink $22.6M deal for Qantara West clothing plant

The General Authority of the Suez Canal Economic Zone (SCZone) has signed a contract with China’s Changzhou Ramada Co. Ltd. to establish a homeware and clothing manufacturing plant in Qantara West, with investments amounting to $22.6 million.

Updated 8/11/2025 11:11:00 AM
Ismailia Public Free Zone draws in $41.6M investments from Chinese, Turkish companies

The Ismailia Public Free Zone has attracted new investments worth $41.6 million from nine Chinese and Turkish companies.

Updated 8/6/2025 2:21:00 AM
SCZone's Chairman lays foundation stone for $55M textile projects in Sokhna Industrial Zone

Waleid Gamal El-Dien, the Chairman of the General Authority of the Suez Canal Economic Zone (SCZone), laid the foundation stone for two new industrial projects in the textile sector, with total investments of $55 million

Updated 7/31/2025 1:20:00 AM
Egypt, China's UEG ink MoU to explore oil, gas investments

United Energy Group (UEG), a Chinese oil and gas exploration and production company, inked a memorandum of understanding (MoU) with Egypt’s Ministry of Petroleum and Mineral Resources.

Updated 7/30/2025 1:07:00 AM
Red Sea Petrochemicals, CNCEC sign framework deal for SCZone Project

Red Sea National Petrochemicals Company and China National Chemical Engineering Co., Ltd. (CNCEC) signed a non-binding framework agreement to implement a petrochemicals project in the Suez Canal Economic Zone (SCZone).

Updated 7/27/2025 2:02:00 AM
SCZone signs $52.6M deals with Chinese companies for textile projects

The General Authority of the Suez Canal Economic Zone (SCZone) signed three contracts for new projects with Chinese companies specializing in the textile and ready-made garment industry

Updated 7/22/2025 3:11:00 AM
SCZone launches 1st roadshow for FY2025/26 in China to attract major investments

Waleid Gamal El-Dien, the Chairman of the General Authority of the Suez Canal Economic Zone (SCZone), has conducted a promotional tour in China to discuss Chinese companies’ investments in Egypt during fiscal year (FY) 2025/2026

Updated 7/21/2025 3:27:00 AM