Tags Result

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, 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
Egypt secures $490M financing for soda ash production project in New Alamein

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the signing of a principles agreement to finance the Egyptian Soda Ash Company’s project in New Alamein with about $490 million

Updated 8/11/2025 5:38:00 AM
Massoud Steel inks EGP 965M project in Sokhna Industrial Zone

The Chairman of the Suez Canal Economic Zone (SCZone), Walid Gamal El-Din, has witnessed the signing of a contract for the Masoud Steel metal containers project in the Sokhna Industrial Zone.

Updated 4/28/2025 7:22:00 AM
SCZone signs $12M contract for building materials project in Sinai

The General Authority of the Suez Canal Economic Zone (SCZone) has signed a usufruct contract with Industrial House for Building Materials to establish a new factory at the Technology Valley area in East Ismailia, Sinai.

Updated 2/27/2025 12:26:00 PM
SCZone, Volkov Infra ink $5M deal for Ferro Genesis factory in Sinai

The Suez Canal Economic Zone (SCZONE) has signed an agreement with India’s Volkov Infra Private Ltd to build the Ferro Genesis factory in East Ismailia’s Technology Valley.

Updated 2/25/2025 2:05:00 AM
Saudi Arabia's Al-Mousa Cables to establish €50M factory in Egypt

Saudi Arabian cable manufacturer Al-Mousa is planning to establish its first production facility in Egypt with an investment of €50 million.

Updated 12/8/2024 8:11:00 AM
Great Wall Motors to build major factory in SCZone

Great Wall Motors, a Chinese automotive manufacturer, plans to establish a car and spare parts factory in Egypt’s Suez Canal Economic Zone (SCZone).

Updated 12/2/2024 7:48:00 AM
Egypt Gas pens agreement to establish polyethylene pipe production company

Egypt Gas has signed a shareholders agreement to establish a company for producing polyethylene pipes.

Updated 12/1/2024 12:18:00 PM
Egypt partners with Global South Utilities, WEIHENG for energy storage battery factory

Egypt's Industrial Modernization Center (IMC) has signed a memorandum of understanding (MoU) with UAE's Global South Utilities and China's WEIHENG to establish an energy storage battery factory in Egypt.

Updated 11/21/2024 4:02:00 AM
Egypt’s IMC signs MoU for battery storage facility with 2 UAE-based firms

Egypt's Industrial Modernization Center (IMC) and the two UAE-headquartered companies Global South Utilities and Enercap Holdings inked a memorandum of understanding (MoU) to establish a battery storage factory.

Updated 11/21/2024 3:48:00 AM
El-Khatib mulls Turkish Erciyas’ plans to build $60M factory in Egypt

Minister of Investment and Foreign Trade Hassan El-Khatib met with Emre Erciyas, the CEO of Türkiye-based Erciyas Holding, to discuss the company’s plans to build a $60 million factory in Egypt.

Updated 11/20/2024 1:42:00 PM
SCZone lays foundation stone of Eroglu Egypt Ready-Made Garments project in Qantara West

The Chairman of the Suez Canal Economic Zone (SCZone) Walid Gamal El Din has officially laid the foundation stone for the Eroglu Egypt Ready-Made Garments project in the Qantara West industrial zone, in partnership with Turkey's Eroglu Holding Company.

Updated 11/20/2024 3:21:00 AM
Austria’s Kronospan considers major manufacturing projects in Egypt

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir met with Akgun Okay, the CEO for the Middle East and China at the wood manufacturing giant Kronospan, to outline the company’s future plans in Egypt.

Updated 11/10/2024 4:20:00 AM
Vernbro Global to open EGP 1B pharmaceuticals factory in Egypt within year

Vernbro Global Investment is planning to complete the construction of a pharmaceutical factory in Beni Suef within a year, with investments of EGP 1 billion.

Updated 10/30/2024 9:41:00 AM
Alkan Auto, China’s BAIC Group to build EV factory in Egypt

Alkan Auto, a subsidiary of the Egyptian International Motors Group (EIM Group), has signed an agreement with the Chinese automaker BAIC Group to set up an electric vehicles (EVs) manufacturing factory in Egypt.

Updated 10/28/2024 11:22:00 AM
El-Khatib lays foundation stone of Japanese Otsuka’s factory in 10th of Ramadan City

The Minister of Investment and Foreign Trade Hassan El-Khatib has laid the foundation stone of the Japanese Otsuka Group’s factory for nutritional supplements in the 10th of Ramadan City.

Updated 10/28/2024 8:34:00 AM
Germany’s Knauf to set up €80M gypsum board factory in Egypt

The German construction materials manufacturer Knauf is planning to open its third gypsum board factory in Egypt, with direct investments of €80 million, General Manager of Knauf Egypt Mohamed Abdelrasoul stated.

Updated 10/27/2024 8:58:00 AM
Egypt considers setting up fire-resistant metal doors manufacturing factory

The Minister of Industry and Transport Kamel El-Wazir has met with the Chairman of Iron Technology Company Abdelhalim Mohamed to discuss the possibility of establishing a factory for manufacturing fire-resistant metal doors in Egypt.

Updated 10/21/2024 1:21:00 AM
Peruvian AJE Group invests $10M to expand production in Egypt

Peruvian AJE Group, the fourth-largest beverage producer globally, is investing $10 million to enhance its operations in Egypt.

Updated 10/7/2024 4:02:00 AM