SCZONE draws $11.6B in investments over 3.5 years, Chinese share accounts for 50%

The General Authority for the Suez Canal Economic Zone (SCZONE) attracted investments estimated at $11.6 billion during the past three and a half years, 50% of which are Chinese investments, Chairman Waleid Gamal El-Dien announced.

Raya for Modern Vehicles launches Electra EV charging network

Raya for Modern Vehicles, a subsidiary of Raya Auto and a fully owned portfolio company of Raya Holding for Financial Investments, has launched Electra, its new electric vehicle charging network and home charger solutions brand, as per a disclosure.

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