}

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MDC, Techno Bond pen contract for $50M industrial complex in SCZONE

Egypt-Saudi joint venture Techno Bond will establish an industrial complex to produce cladding panels and aluminum rolls in the Suez Canal Economic Zone (SCZONE), with targeted investments of $50 million.

Updated 25m5h
Sungrow lays foundation stone for $50M energy storage systems factory in SCZONE

Chinese renewable energy company Sungrow has laid the foundation stone for a $50 million energy storage systems assembly factory in the Ain Sokhna Industrial Zone.

Updated 8/18/2026 5:29:00 AM
El-Sisi appoints Moustafa Shaikhon as SCZONE Chairman for one year

President Abdel Fattah El-Sisi issued a presidential decree appointing Moustafa Shaikhon as Chairman of the Suez Canal Economic Zone Authority (SCZONE), with the rank of Minister, for one year, effective on August 12.

Updated 8/13/2026 4:54:00 AM
Jasan Group launches $117M textile complex in Qantara West Zone

Zhejiang Jiansheng Group Company, known as Jasan Group, has broken ground on a textile and apparel complex in the Qantara West Industrial Zone, with total investments of $117 million

Updated 8/10/2026 1:36:00 PM
SCZONE pens EGP 2.4B contract for industrial project in West Qantara Zone

Waleid Gamal El-Dien, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), witnessed the signing of a contract with Capital Company for Factory Management and Development to establish and invest in an industrial project in the West Qantara Zone.

Updated 8/9/2026 1:22:00 AM
SCZONE, US Department of Commerce explore industrial, logistics cooperation

he General Authority for the Suez Canal Economic Zone (SCZONE) discussed ways of deepening cooperation in the industrial and logistics sectors with the US Department of Commerce, as well as probed potential opportunities for American companies within the economic zone.

Updated 7/22/2026 7:55:00 AM
SCZONE, India explore expanding industrial investment cooperation

The General Authority for the Suez Canal Economic Zone (SCZONE) and India explored ways to strengthen investment cooperation and expand Indian industrial projects across the zone’s priority industrial and logistics sectors.

Updated 7/21/2026 1:53:00 PM
China-Egypt TEDA seeks 10-square-kilometer expansion in SCZONE

China-Egypt TEDA Suez Economic and Trade Cooperation Zone is negotiating with the Egyptian government to secure an additional 10 square kilometers within the Suez Canal Economic Zone (SCZONE), a move that would nearly double its current area.

Updated 7/19/2026 12:21:00 AM
SCZONE's revenues soar 51% in FY2025/26

The General Authority for the Suez Canal Economic Zone's (SCZONE) total revenues during the fiscal year (FY) 2025/2026 reached EGP 15.9 billion, marking a 51% increase over the FY's budget projections of EGP 10.5 billion, the authority's board stated in a meeting on the SCZONE's unaudited financial indicators.

Updated 7/16/2026 4:11:00 AM
SCZONE, Turkiye's Ukinox pen $14M stainless steel factory deal in Ain Sokhna

The Suez Canal Economic Zone (SCZONE) has signed an agreement with Türkiye's Ukinox Manufacturing Company to establish a stainless steel kitchen sink manufacturing facility in the Ain Sokhna Industrial Zone, with an investment of $14 million.

Updated 7/15/2026 10:03:00 AM
Beybi Egy to build $1.5M industrial gloves factory in SCZONE

The Suez Canal Economic Zone (SCZONE) signed an agreement with Beybi Egy Industrial Gloves Manufacturing to establish a $1.5 million industrial gloves factory in the Ain Sokhna Industrial Zone

Updated 7/9/2026 4:26:00 AM
Egypt secures up to $2B in new Chinese investments in H1 2026

Chinese investments in Egypt during the first half (H1) of 2026 are estimated at between $1.5 billion and $2 billion, with most of the inflows coming from expansions of existing projects rather than entirely new investments, Mostafa Ibrahim, Vice Chairman of the China Committee at the Egyptian Businessmen's Association (EBA), told Al Arabiya Business.

Updated 7/8/2026 9:57:00 AM
SCZONE, Agility sign logistics hub deal worth up to $35M

The General Authority of the Suez Canal Economic Zone (SCZONE) and Agility, a public warehousing and advanced logistics company, signed an agreement to develop a logistics hub as well as regional distribution and redistribution centers

Updated 7/1/2026 2:33:00 PM
Egypt signs 3 logistics agreements at DP World Sokhna Logistics Park

Prime Minister Mostafa Madbouly witnessed the signing of three contracts to provide storage and handling services at DP World Sokhna Logistics Park, located within the Suez Canal Economic Zone (SCZONE)

Updated 7/1/2026 1:25:00 PM
India’s Jai Dadi lays foundation stone for NFAL factory in SCZONE

Waleid Gamal El-Dien, the Suez Canal Economic Zone (SCZONE) Chairman, witnessed the laying of the foundation stone for the Nile Ferro Alloys LLC (NFAL) metal alloys factory, owned by Indian group Jai Dadi.

Updated 6/30/2026 2:03:00 PM
SCZONE allocates Port Said land to Egytrans NOSCO-linked Nafith Egypt for logistics yard project

Egytrans NOSCO disclosed that the General Authority for the Suez Canal Economic Zone (SCZONE) allocated a 114,000-square-meter plot of land to Nafith Egypt, in which Egytrans holds a 30% stake, for 25 years regarding its EGP 200 million logistics yard project for organizing and directing trucks in Port Said.

Updated 6/23/2026 9:44:00 AM
Long March Tyre lays foundation stone of $190M manufacturing plant in SCZONE

Long March Tyre (Egypt) Company Limited, a subsidiary of China's Chaoyang Longmarch Tyre Co., Ltd., has broken ground on its tyre manufacturing project within the TEDA-Egypt Zone

Updated 6/17/2026 3:29:00 PM
China’s Zhejiang Hongda to establish $20M textile plant in West Qantara Zone

Chinese company Zhejiang Hongda plans to develop a textile manufacturing project in the West Qantara Industrial Zone, with an investment cost of $20 million.

Updated 6/16/2026 12:58:00 AM
India’s Prestige to establish $20M denim facility in West Qantara

India-based textile manufacturer Prestige Denim Mills signed a deal with the Suez Canal Economic Zone (SCZONE) to develop a denim fabric production facility in the West Qantara Industrial Zone.

Updated 6/14/2026 7:46:00 AM
SCZONE Signs $27M deal with Canada's Avelon for technical textiles plant

The General Authority for the Suez Canal Economic Zone (SCZONE) has signed an agreement with Canadian company Avelon to establish a technical textiles manufacturing facility in the East Port Said Industrial Zone, with first-phase investments valued at $27 million.

Updated 6/11/2026 12:52:00 PM