China National Tyre eyes $400M investment in Egypt via Prometeon Tyre

China National Tyre & Rubber Co. is seeking to raise its investments in Egypt, through its subsidiary Prometeon Tyre Egypt, by $400 million.

Updated 23m0h

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

Egypt close to signing $360M car tires factory in SCZONE with Chinese company

The Egyptian government is close to signing an agreement with a Chinese firm to establish a car tires manufacturing factory in the Suez Canal Economic Zone (SCZONE), with initial investments worth $360 million.

Updated 11/7/2024 12:19:00 PM

Rolling Plus to establish €1B tire factory in SCZone

olling Plus will establish a €1 billion tire factory at Egypt’s Suez Canal Economic Zone (SCZone) in Ain Sokhna.

Updated 9/20/2023 2:29:00 AM