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
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 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
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
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
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
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 AMThe 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
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 PMWaleid 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
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 AMLong 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
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-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
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
The General Authority for the Suez Canal Economic Zone (SCZONE) has signed an agreement with Egyptian construction and metal industries company SteelCon to establish a new manufacturing facility in the East Port Said Industrial Zone, with investment estimated at $2 million.
Updated 6/11/2026 12:35:00 PM
Egypt is entering a decisive phase in its industrial policy, with industrial zones and complexes emerging as the backbone of its economic transformation. Far from being mere clusters of factories, the complexes are designed as integrated ecosystems that align government incentives with private investment, while lowering entry barriers for small and medium?sized enterprises (SMEs).
Updated 6/11/2026 11:47:00 AM
Revenues generated by the Suez Canal Economic Zone (SCZONE) more than tripled over the past eight years, rising from EGP 2.8 billion in fiscal year (FY) 2016/2017 to EGP 11.6 billion in FY 2024/2025.
Updated 6/2/2026 12:56:00 PM
The Suez Canal Economic Zone (SCZONE) Chairman Waleid Gamal El-Dien received a Chinese delegation from the Qianhai Shenzhen Zone to explore new opportunities for cooperation in logistics, advanced technologies, and digital infrastructure
Updated 5/20/2026 11:22:00 AM
The General Authority for the Suez Canal Economic Zone (SCZONE) attracted $16 billion in investments from 28 countries over the past three years and nine months
Updated 5/5/2026 7:01:00 AM