}

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SCZONE targets more Norwegian investment in industrial, maritime sectors

The Suez Canal Economic Zone (SCZONE) is seeking to attract more European and international investment, including from Norway, as it looks to expand its investor base and strengthen integration with global supply chains, SCZONE Chairman Moustafa Shaikhon said.

Updated 9/23/2026 9:07:00 PM
GAFI approves 1st 4 projects in EGP 14B Abu Rawash investment zone

The board of Al Ahly Industrial Development’s investment zone in Abu Rawash has approved the establishment of its first four projects as development moves forward on the EGP 14 billion zone, as per a statement.

Updated 9/21/2026 12:59:00 PM
Guardian Glass opens $25M high-performance glass production line in Egypt

US-based glass manufacturer Guardian Glass has opened a $25 million high-performance glass production line at its factory in 10th of Ramadan City, with 80% of its output designated for Gulf and other international markets.

Updated 9/20/2026 2:53:00 AM
Egypt, Hydrovolta explore desalination cooperation using power plant infrastructure

Egypt’s Minister of Electricity and Renewable Energy Mahmoud Esmat has explored potential cooperation with George Brik, co-founder and CEO of Belgian water technology company Hydrovolta, and an accompanying delegation on seawater desalination and electrochemical treatment systems for saline groundwater, according to a ministry statement.

Updated 9/20/2026 2:32:00 AM
GAFI, Al Habtoor Group explore investment opportunities in Egypt

The General Authority for Investment and Free Zones (GAFI) and UAE-based conglomerate Al Habtoor Group explored potential investments and expansion opportunities in Egypt across several sectors.

Updated 9/9/2026 7:49:00 PM
Beyti plans EGP 6B investment to expand Egypt production

Egypt-based food producer Beyti, a subsidiary of Saudi multinational dairy company Almarai, plans to invest an additional EGP 6 billion in Egypt as it expands its production capacity and manufacturing lines to serve domestic and export markets.

Updated 9/9/2026 10:08:00 AM
Finland's Kekkila-BVB plans alternative growing media plant in SCZONE with Agriventure

Finnish growing media company Kekkila-BVB plans to establish a factory in Egypt in partnership with Egyptian agritech company Agriventure.

Updated 9/8/2026 12:30:00 PM
Madbouly inaugurates $7.5M expansion of SIRAJ Group’s FLARE factory in SCZONE

Prime Minister Mostafa Madbouly inaugurated the $7.5 million expansion of SIRAJ Group’s FLARE factory in the Sokhna Industrial Zone, part of the Suez Canal Economic Zone (SCZONE).

Updated 9/6/2026 8:13:00 PM
Technovision opens $16M medical equipment plants in SCZONE with German, Chinese partners

Prime Minister Mostafa Madbouly inaugurated two factories owned by the medical equipment company Technovision for Industry and Trade in the Sokhna Industrial Zone, part of the Suez Canal Economic Zone (SCZONE), with combined investments of $16 million.

Updated 9/6/2026 8:03:00 PM
Madbouly inaugurates 1st phase of $20M Designy Doors factory in Sokhna

Prime Minister Mostafa Madbouly inaugurated the first phase of the Designy Doors factory in the Sokhna Integrated Industrial Zone, with the project targeting total investments of $20 million.

Updated 9/6/2026 7:45:00 PM
Madbouly inaugurates Lijialong’s $10M factory in SCZONE

Egyptian Prime Minister Mostafa Madbouly inaugurated China-based manufacturer Lijialong Brush Co., Ltd’s $10 million factory in the Sokhna Integrated Industrial Zone, which operates under the General Authority for the Suez Canal Economic Zone (SCZONE).

Updated 9/6/2026 12:56:00 PM
Egypt advances $278M bagasse-to-bioethanol project with Proger, Drexel

Egypt is advancing plans for a $278 million project to produce second-generation bioethanol from sugarcane bagasse, as Minister of Supply and Internal Trade Sherif Farouk reviewed the project's progress with representatives of Proger and Drexel.

Updated 8/25/2026 3:19:00 PM
Egypt completes 1st-phase Haya Karima work in 907 villages

Egypt has completed the required work under the first phase of the Haya Karima presidential initiative in 907 villages, as the government moves to finalize the remaining projects and prepare for the initiative’s second phase.

Updated 8/25/2026 7:57:00 AM
Jieya Egypt starts construction of $67M hygiene products complex in Ain Sokhna

Chinese hygiene products manufacturer Jieya Egypt has laid the foundation stone for a $67 million industrial complex in the Ain Sokhna Integrated Zone, with production scheduled to begin within two years.

Updated 8/20/2026 12:26:00 PM
Tatweer Misr nets EGP 3B from Al Oula to accelerate construction at Fouka Bay, D-Bay

Egypt-based real estate developer Tatweer Misr has secured EGP 3 billion in financing from Egypt-based leasing and factoring provider Al Taamir Leasing and Factoring Company, known as Al Oula, to accelerate construction at its Fouka Bay and D-Bay developments on the North Coast.

Updated 8/19/2026 1:27:00 AM
Egypt implements 508 private-sector reforms in 2025: IDSC

Egypt implemented 508 measures to support the private sector in 2025, accounting for 50.4% of the reforms introduced between May 2022 and December 2025.

Updated 8/16/2026 1:29:00 PM
NUCA, Future of Egypt Authority sign protocol to develop state-owned land

The New Urban Communities Authority (NUCA) and the Future of Egypt Authority for Sustainable Development signed a cooperation protocol to develop land owned by both entities and pursue joint urban and investment projects.

Updated 8/6/2026 8:21:00 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
Petrojet, Enppi secure 6-year PDO framework covering over $6B project portfolio

Egyptian engineering and construction companies Petrojet and Enppi have secured a six-year engineering, procurement, and construction (EPC) framework agreement with Petroleum Development Oman (PDO), qualifying the consortium to compete for projects within a portfolio valued at more than $6 billion.

Updated 7/20/2026 7:11:00 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