Kemet Industries Group has signed a memorandum of understanding (MoU) with Emirati-Chinese firm Al Qalaa Red Flag to establish three mega industrial projects in the 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.

Emaar Properties founder Mohamed Alabbar announced that the company is preparing to sign an agreement with a Saudi partner to develop a new project in Egypt within the coming weeks.

Egypt’s cabinet has approved two draft presidential decrees allocating state-owned land in Alexandria and North Sinai for key infrastructure projects aligned with the country’s long-term development plans, as per a statement.

Karm, also known as KarmSolar, has expanded into the Cypriot energy market with the launch of KarmCyprus, its first international expansion.

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).

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.

Prime Minister Mostafa Madbouly inaugurated OPPO’s new mobile phone factory in 10th of Ramadan City, marking a major step in the company’s $50 million investment plan to expand manufacturing operations in Egypt.

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

The General Authority for Investment and Free Zones (GAFI) has carried out its first promotional mission to Indonesia to attract investment and strengthen economic cooperation between the two countries.

Minister of Investment and Foreign Trade Hassan El-Khatib met with CEO of Forbes Global Properties Michael Jalbert to discuss cooperation on the Forbes International Tower in the New Administrative Capital and explore the company’s expansion opportunities in Egypt.

MODAD Properties has launched its new project, Brackets, in New Cairo, with an investment of around EGP 5 billion and a total area of 14,325 square meters.

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.

Elsewedy Electric Company has signed an investment agreement worth $2.5 billion with the Algerian Investment Promotion Agency.

Bonyan for Development and Trade (BONY.CA), Egypt’s independent real estate platform, has completed the asset registration and final legal certification of Walk of Cairo (WOC) at the Public Notary, as oer an emailed press release.

GB Corp, the sole agent of Hyundai in Egypt, is planning to invest $6 million in locally assembling a new Hyundai model.

The General Authority for the Suez Canal Economic Zone (SCZONE) signed a contract with German company Sun Garden to establish a textiles and furnishings project in the Qantara West Industrial Zone.

Prime Minister Mostafa Madbouly witnessed the signing of a land usufruct contract for the Atom Solar Egypt project, an industrial complex for the production of solar cells, panels, and energy storage systems in the Sokhna Industrial Zone of the Suez Canal Economic Zone (SCZONE).

Signify Egypt has signed a memorandum of understanding (MoU) with Contrack Facilities Management to advance smart and sustainable lighting solutions across infrastructure projects in Egypt and the wider region.

The General Authority of the Suez Canal Economic Zone (SCZONE) signed a contract with Turkish company Nil Orme to establish a textile and clothing factory in the Qantara West Industrial Zone, with total investments of $35 million.