Tags Result

SCZONE inks deal with Türkiye's AS Tekstil for $4.1M textile project

The Suez Canal Economic Zone (SCZONE) signed a contract with the Turkish company AS Tekstil Etiket Sanayi Anonim Sirketi to establish a new factory in the Qantara West Industrial Zone.

Updated 41m15h
SCZONE posts EGP 6.25B revenues till November

The Suez Canal Economic Zone Authority (SCZONE) achieved total revenues of EGP 6.25 billion during the July-November 2025 period, an annual hike of 55% from EGP 4 billion.

Updated 1/6/2026 2:27:00 PM
Türkiye's Eroglu Moda Tekstil to build $5.6M factory in SCZONE

Walid Gamal El-Din, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), inked a contract with Turkish company Eroglu Moda Tekstil San Ve Tic S.A. to establish a ready-made garments factory in Qantara West Industrial Zone

Updated 1/6/2026 7:39:00 AM
Egypt signs $1.15B industrial projects in SCZONE

Egypt signed contracts to establish three new industrial projects in the Suez Canal Economic Zone (SCZONE) with total investments of $1.15 billion, a move expected to create around 5,400 direct job opportunities.

Updated 12/24/2025 1:45:00 AM
SCZONE, MDC to develop EGP 1B ready-built factories in Qantara West

The General Authority for Suez Canal Economic Zone (SCZONE) signed a usufruct agreement with the industrial developer Main Development Company (MDC) to develop ready-to-use factories and buildings in the Qantara West Industrial Zone for immediate operation by investors.

Updated 12/23/2025 1:28:00 AM
SCZONE, Pitcairn Group to build $8M food industries project

The Suez Canal Economic Zone (SCZONE) and Pitcairn Group have signed a contract to establish a food industries project in Sokhna Industrial Zone, with total investments of $8 million.

Updated 12/23/2025 1:12:00 AM
Beyond Tolls: Egypt Rethinks the Suez Canal for a Volatile Trade Era

The Suez Canal has long stood as one of the world’s most vital maritime arteries. For decades, its economic model has relied primarily on transit fees collected from vessels passing through its waters—a revenue stream that, while substantial, is inherently limited due to fluctuations in global shipping demand and competition from alternative routes.

Updated 12/18/2025 10:44:00 AM
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 12/16/2025 1:32:00 PM
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 12/16/2025 1:40:00 AM
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