SCZONE signs $38m deals for food, textile plants
The Suez Canal Economic Zone (SCZONE) has secured $38m in investments for two new projects in the Qantara West Industrial Zone. Waleid Gamal El-Din, Chairperson of the SCZONE, signed the contracts on Sunday at the authority’s headquarters in the New
Ateco Pharma Egypt explores cooperation with US embassy delegation
Ateco Pharma Egypt, a leading producer of intravenous solutions, hosted a high-level delegation from the US Embassy in Cairo to discuss potential collaboration, showcase its products, finalize export agreements, and bolster its reputation as a success story within the Suez
Egypt’s Investment Minister Opens Egypt–North Rhine-Westphalia Economic Summit with 100 German Companies Present
Hassan El-Khatib, Egypt’s Minister of Investment and Foreign Trade, concluded his visit to Germany by meeting with the State Minister for Economic Affairs of North Rhine-Westphalia. The two officials discussed potential avenues for cooperation in trade and investment, agreeing that
Prime Minister witnesses $15m agreement signing for Honeywell lighting project in SCZONE
Prime Minister Mostafa Madbouly witnessed the signing ceremony of a project agreement between Siraj Lightening and VESRA MEA LLC-FZ, licensed by Honeywell to manufacture Honeywell lighting products, covering commercial, residential, industrial, outdoor, and indoor lighting at the government headquarters in
INTRO Technology signs MoU with SWDC for Kemet Data Center in SCZONE
INTRO Technology, the technology arm of INTRO Holding and the parent company of Advansys and Forte Cloud, providing technological solutions and digital transformation, announced inking a strategic Memorandum of Understanding (MoU) with Sterling and Wilson Data Center (SWDC), the global
Egypt holds consultative meeting to discuss national foreign direct investment strategy
Egypt’s Ministry of Planning, Economic Development and International Cooperation hosted a consultative meeting on Tuesday to discuss the draft of the National Foreign Direct Investment (FDI) Strategy, prepared in collaboration with the World Bank Group. The meeting, attended by representatives
SCZONE, EBRD discuss further cooperation
Chairperson of the Suez Canal Economic Zone (SCZONE), Walid Gamal El-Din, received a delegation from the European Bank for Reconstruction and Development (EBRD) at the Authority’s headquarters in New Administrative Capital. The delegation was headed by Sue Barrett, Director of
SCZONE, ‘Ebda’ cooperate to boost investment, industry localisation
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), and Amani Eid, the head of the National Initiative for Developing Egyptian Industry “Ebda” (Start), signed a cooperation protocol to support investment and localise industry. Under the protocol, the
SCZone Chairperson promotes zone’s investment opportunities in Marseille
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZone), recently participated in a promotional tour in Marseille, France, seeking to attract French investment to the SCZone. Gamal El-Din participated in a session titled “Business Climate in Egypt: Challenges,
SCZone revenues soar to EGP 8.245bn in FY 2023/24 – Dailynewsegypt
The Suez Canal Economic Zone (SCZone) reported a significant increase in revenue for the fiscal year(FY) 2023/24, rising to EGP8.245bn, with 72% or EGP5.932bn coming from US dollar-denominated sources, according to a government statement on Monday. Prime Minister Mostafa Madbouly