Waleid Gamal El-Dien, Chairman of the General Authority of the Suez Canal Economic Zone (SCZone), inked two agreements for new textile projects with combined investments of $28 million.

The General Authority for the Suez Canal Economic Zone (SCZone) signed contracts for two new textile manufacturing and printing projects in the Sokhna Industrial Zone, with investments exceeding $3 million.

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.

Turkish companies are planning to pump new investments of not less than $300 million in Egypt during 2025, predominantly in the textile sector.

Elsewedy Industrial Development, a subsidiary of Elsewedy Electric, has signed an agreement with Kingdom Holdings Limited, a Chinese textile company, to establish a private free zone in Industria Sadat city.

The General Authority of Investment and Free Zones (GAFI) and a China-based textile company have probed establishing an integrated industrial park for textiles, spinning, dyeing, and ready-made garments.

The Egyptian ready-made garments manufacturer Alex Apparels is planning to establish a factory for textiles and dying, with investments of $100 million, Minister of Foreign Trade and Investment Hassan El Khatib stated during his visit to Alexandria Public Free Zone.

The Saudi-Egyptian Industrial Investment (SEII) is planning to invest around $20 million in a glass and a textile firm within the coming period via capital increase.

The General Authority for the Suez Canal Economic Zone (SCZONE) has laid the foundation stone of the textiles production factory of China’s Hengsheng Dying Zhejiang Company in East Qantara industrial zone.

Chairman of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba has met with representatives of 20 Chinese firms and consortia to mull boosting cooperation in textiles and ready-made garment industries.

Egypt is planning to inaugurate the largest textiles factory in the world in El Mahalla El Kubra city in February, Minister of Public Business Sector Mahmoud Esmat said.

Turkish textile manufacturer Küçükçalik ?irketler Grubu (KSG) intends to build a $500 million synthetic fibers factory in the Suez Canal Economic Zone (SCZone) as of January 2024.

The Suez Canal Economic Zone’s (SCZONE) Chairman Waleid Gamal El-Dein has signed a land usufruct right contract with the Chinese Hengsheng Dying Zhejiang to set up a textiles production factory in East Qantara industrial zone with $70 million in investments.

The Suez Canal Economic Zone (SCZONE) announced the laying of the foundation stone of the Chinese eco-friendly textiles factory Cady Egypt at Sokhna Industrial Zone.

The Suez Canal Economic Zone (SCZone) has signed agreements with several Chinese companies to invest $487 million at China-Egypt TEDA Suez Economic and Trade Cooperation Zone in Ain Sokhna in the fields of SCZone, petrochemicals, and bromine.