Turkish firm Ukinox signs $14m contract for stainless steel plant in Sokhna Industrial Zone
Turkish firm Ukinox manufacturing company has signed a $14m contract to establish a stainless steel products plant in the Sokhna Industrial Zone, aiming to produce 1.2 million kitchen sinks annually. The contract was signed at the headquarters of the General
Egypt, UK discuss expanding trade, investment, and pharmaceutical cooperation
Egypt’s Minister of Investment and Foreign Trade, Mohamed Farid, and the British Ambassador to Egypt, Mark Bryson-Richardson, reviewed a range of economic, trade, and investment issues aimed at strengthening bilateral cooperation and expanding commercial ties between the two countries. During
India’s Jai Dadi Group launches $16m Nile Ferro Alloys plant in Sinai’s Technology Valley
Walid Gamal El Din, Chairperson of the Suez Canal Economic Zone (SCZONE), laid the foundation stone for the Nile Ferro Alloys plant, a major investment by India’s Jai Dadi Group in the East Ismailia Industrial Zone (Technology Valley), Sinai. The
Egypt’s SCZone signs $20m contract with China’s Zhejiang Hongda for textile project
The General Authority for the Suez Canal Economic Zone (SCZone) signed a contract on Monday with Chinese company Zhejiang Hongda to establish a $20m textile manufacturing and processing project in the Qantara West Industrial Zone. The development, which spans 60,000
Egypt studies global logistics hub in SCZONE to strengthen trade, supply chain position
Egypt’s Prime Minister Mostafa Madbouly chaired a high-level meeting to review proposals for establishing a global logistics distribution hub within the Suez Canal Economic Zone (SCZONE), as part of Egypt’s strategy to attract foreign direct investment and reinforce its position
SCZONE attracts record $7.1bn in annual investments, secures $1.8bn in two months
Chairperson of the Suez Canal Economic Zone (SCZONE), Walid Gamal El-Din, highlighted the zone’s expanding role as a global logistics and industrial hub during his participation in a conference organised by AHK Egypt. Held in New Cairo under the theme
Suez Canal economic zone investments hit $7.1bn so far this fiscal year, chairperson tells OECD
Investments in Egypt’s Suez Canal Economic Zone (SCZone) have reached $7.1bn so far in the current fiscal year, up from $4.4bn during the previous financial year, the authority’s chairperson said on Monday. The economic zone has succeeded in drawing a
Alpha Smart launches $100m integrated factory complex in Sokhna
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), witnessed the signing of a landmark agreement with Alpha Smart, a company specializing in investment and industrial development, to establish a fully integrated complex of ready-made factories in the
Sakr to invest EGP 940m in three projects at Sokhna Industrial Zone
Waleid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), witnessed the signing of contracts for three new projects by Sakr for Electronics and Energy (SDC Investment Fund) within the MDC industrial developer’s zone in the integrated Sokhna Industrial
Indorama to invest $525m in Egypt fertiliser plant targeting 80% exports
Indorama Egypt Fertilisers has signed a contract to establish a new phosphate fertiliser plant in the Suez Canal Economic Zone (SCZONE) with a first-phase investment of $525m, targeting 80% of its production for export. The agreement, witnessed by Prime Minister