The Ministry of Petroleum and Mineral Resources announced the export of a liquefied natural gas (LNG) shipment from the Idku liquefaction facility aboard TotalEnergies' LNG ENDURANCE vessel

The General Authority for the Suez Canal Economic Zone (SCZone) has signed two contracts with an Egyptian-Turkish alliance to establish customs warehouses for containers in Qantara West and Sokhna, with total investments of $4.2 million.

The General Authority of the Suez Canal Economic Zone (SCZONE) has signed a $20 million contract with Turkish company irikcio lu Grubu to establish a denim manufacturing plant in the Qantara West Industrial Zone

The General Authority for the Suez Canal Economic Zone (SCZONE) has signed a new investment contract with Turkish company UR-SA to establish an industrial textiles and plastic packaging facility in the Qantara West Industrial Zone.

The General Authority for Investment and Free Zones (GAFI) showcased Egypt's textile sector incentives at the Denim and Jeans Exhibition, which took place in Egypt for the first time.

Egypt is set to receive the Turkish gasification ship BOTAS next June to supply the country with up to 500 million cubic feet of natural gas per day, in a move to enhance electricity generation capacity during the summer.

The Suez Canal Economic Zone (SCZONE) posted net revenues estimated at EGP 5.67 billion during the first half (H1) of fiscal year (FY) 2024/2025.

The Suez Canal Economic Zone (SCZone) has inked an $8.8 million contract with the Turkish firm Denim Rise to establish a ready-made clothing manufacturing facility in the Qantara West Industrial Zone.

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.

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.

Egypt is seeking to boost its non-oil trade with Türkiye by 20% to 25% to reach approximately $8 billion in 2025, from $6.3 billion in 2023.

Egyptian Minister of Trade and Industry Ahmed Samir met with the Turkish Chairman of the Board of Directors of Bursa Chamber of Commerce and Industry Ibrahim Burkay to discuss the possibility of establishing an industrial zone in Egypt.

Egyptian Minister of Trade and Industry has met with representatives of several Turkish companies in the fields of ready-made garments, textiles, furniture, real estate, paper tissues, and food products to mull bolstering their investments in Egypt.

Trade exchange between Egypt and Türkiye stood at around $7.1 billion in 2022, Minister of Trade and Industry Ahmed Samir announced on the sidelines of the 4th edition of the Türkiye-Africa Business and Economic Forum.

Turkish home appliances manufacturing companies Vestel and Zorlu are planning to establish a home appliances factory in Egypt in the coming period, with investments exceeding $70 million for the first phase.

Minister of Trade and industry Ahmed Samir and Türkiye’s Minister of Industry and Technology Mehmet Fatih Kacir have discussed opportunities to enhance industrial cooperation between the two countries in the near future.

Both ministers also agreed to hold a joint committee meeting in the near future to expand the coverage of the existing free trade agreement between Egypt and Türkiye.