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Egypt, Netherlands discuss cooperation in renewables, green hydrogen

Waleid Gamal El-Dien, Chairman of the Suez Canal Economic Zone (SCZONE), has met with Peter Mollema, the Netherlands' Ambassador to Egypt, to explore investment opportunities in the fields of renewable energy, green hydrogen, and sustainable development..

Updated 1/27/2026 1:26:00 PM
SCZONE signs $34M deal with China’s CNCEC for Sokhna soda ash project

The Suez Canal Economic Zone (SCZONE) inked a contract with China National Chemical Engineering Company (CNCEC) to develop $34 million production lines for the Soda Ash project.

Updated 1/26/2026 8:02:00 AM
India’s Jai Dadi to build $16M metal alloys manufacturing facility in SCZONE

Indian group Jai Dadi signed a contract with the Suez Canal Economic Zone (SCZONE) to establish a metal alloys manufacturing facility, with an investment of $16 million (EGP 757.25 million).

Updated 1/22/2026 2:18:00 PM
SCZONE pens $175M packaging facility deal with Türkiye's Eroglu Global

Waleid Gamal El-Dien, the Chairman of the Suez Canal Economic Zone (SCZONE), signed a $175 million agreement with Türkiye's Eroglu Global Holding to establish a carton and packaging facility in the Qantara West Industrial Zone

Updated 1/20/2026 2:10:00 PM
Egypt approves $1.29B new industrial projects in SCZONE

The Ministerial Group for Industrial Development, chaired by Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir, approved two projects submitted by the Suez Canal Economic Zone Authority (SCZONE).

Updated 1/20/2026 10:44:00 AM
Arab API lays foundation stone for $165M pharmaceutical project in SCZONE

Arab API has officially laid the foundation stone for its flagship pharmaceutical raw materials plant in the Sokhna Industrial Zone, with an investment totaling $165 million (EGP 7.7 billion).

Updated 1/18/2026 6:53:00 AM
Madbouly opens $24M expansion of Kadmar logistics center in Ain Sokhna

Prime Minister Mostafa Madbouly opened the new expansions of Kadmar International logistics center in Ain Sokhna Industrial Zone, with total investments of $24 million.

Updated 1/12/2026 9:14:00 AM
Egypt opens 1st SPC flooring factory with $8M investment in Ain Sokhna

Prime Minister Mostafa Madbouly inaugurated the Camstone Advanced Industries Project in the integrated Sokhna Industrial Zone, marking the launch of Egypt’s first factory to produce high quality stone plastic composite flooring.

Updated 1/11/2026 2:17:00 PM
Madbouly inaugurates 3 industrial projects in Sokhna

Prime Minister Mostafa Madbouly has inaugurated three new industrial projects in the Ain Sokhna Industrial Zone, part of the Suez Canal Economic Zone (SCZONE).

Updated 1/11/2026 1:47:00 PM
SCZONE inks deal with Türkiye's AS Tekstil for $4.1M textile project

The Suez Canal Economic Zone (SCZONE) signed a contract with the Turkish company AS Tekstil Etiket Sanayi Anonim Sirketi to establish a new factory in the Qantara West Industrial Zone.

Updated 1/8/2026 8:54:00 AM
SCZONE posts EGP 6.25B revenues till November

The Suez Canal Economic Zone Authority (SCZONE) achieved total revenues of EGP 6.25 billion during the July-November 2025 period, an annual hike of 55% from EGP 4 billion.

Updated 1/6/2026 2:27:00 PM
Türkiye's Eroglu Moda Tekstil to build $5.6M factory in SCZONE

Walid Gamal El-Din, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), inked a contract with Turkish company Eroglu Moda Tekstil San Ve Tic S.A. to establish a ready-made garments factory in Qantara West Industrial Zone

Updated 1/6/2026 7:39:00 AM
Egypt signs $1.15B industrial projects in SCZONE

Egypt signed contracts to establish three new industrial projects in the Suez Canal Economic Zone (SCZONE) with total investments of $1.15 billion, a move expected to create around 5,400 direct job opportunities.

Updated 12/24/2025 1:45:00 AM
SCZONE, MDC to develop EGP 1B ready-built factories in Qantara West

The General Authority for Suez Canal Economic Zone (SCZONE) signed a usufruct agreement with the industrial developer Main Development Company (MDC) to develop ready-to-use factories and buildings in the Qantara West Industrial Zone for immediate operation by investors.

Updated 12/23/2025 1:28:00 AM
SCZONE, Pitcairn Group to build $8M food industries project

The Suez Canal Economic Zone (SCZONE) and Pitcairn Group have signed a contract to establish a food industries project in Sokhna Industrial Zone, with total investments of $8 million.

Updated 12/23/2025 1:12:00 AM
Beyond Tolls: Egypt Rethinks the Suez Canal for a Volatile Trade Era

The Suez Canal has long stood as one of the world’s most vital maritime arteries. For decades, its economic model has relied primarily on transit fees collected from vessels passing through its waters—a revenue stream that, while substantial, is inherently limited due to fluctuations in global shipping demand and competition from alternative routes.

Updated 12/18/2025 10:44:00 AM
SCZONE chairman lays foundation stone for $150M GENNVAX factory in Ain Sokhna

Waleid Gamal El-Dien, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), laid the foundation stone for GENNVAX factory, set to be Egypt’s biggest integrated vaccine manufacturing hub.

Updated 12/16/2025 1:32:00 PM
Egypt breaks ground for $210M Atum Solar complex in SCZONE

Egypt has laid the foundation stone for the Atum Solar complex, a solar cells and module manufacturing hub in the Suez Canal Economic Zone (SCZONE)

Updated 12/16/2025 1:40:00 AM
Egypt, Qatar ink $200M deal to launch SAF project in SCZONE

Egypt signed a contract with the Qatari group Al Mana Holding to produce sustainable aviation fuel (SAF) in the integrated Ain Sokhna area, part of the General Authority for the Suez Canal Economic Zone (SCZONE),

Updated 12/15/2025 7:37:00 AM
SCZONE inks $100M deal with China’s JASAN Group for textile complex

Waleid Gamal El-Dien, Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE), signed a deal with Zhejiang Jiansheng Group Company Limited, known as JASAN Group,

Updated 12/14/2025 12:04:00 PM