Egypt is mulling over cooperation with a Chinese group to establish an integrated industrial complex in the Suez Canal Economic Zone (SCZONE), with planned investments of $2 billion.

Vienna-headquartered refractory products supplier RHI Magnesita is considering establishing a factory in Egypt to manufacture integrated refractories for heavy industries.

Minister of Investment and Foreign Trade Mohamed Farid Saleh discussed with China-based intelligent manufacturing company Jiangsu Changhong the establishment of a factory in Egypt to manufacture automotive equipment and production lines, with an initial investment of around $20 million.

Korra Energi has secured a contract to execute civil, architectural, and electromechanical works for GennVax Egypt, a vaccine manufacturing plant at the General Authority for the Suez Canal Economic Zone (SCZONE) in Ain Sokhna.

Nissan Motor Company celebrated the production of the first Nissan Magnite in Africa at its manufacturing facility in 6th of October City.

Prime Minister Mostafa Madbouly inaugurated the Jade Textile ready-made garment factory in New Borg El Arab City during a visit to Alexandria Governorate, with the facility expected to generate annual exports ranging between $250 million and $500 million.

Prime Minister Mostafa Madbouly inaugurated new expansions at the ?ahinler Egypt 2 ready-made garment factory in New Borg El Arab City during a visit to Alexandria Governorate, as the company targets exports of approximately $55 million by 2026.

Prime Minister Mostafa Madbouly inaugurated a new production line at the Lipton Teas & Infusions factory in New Borg El Arab City during a visit to Alexandria Governorate, marking a new phase of the company’s expansion in Egypt.

The Suez Canal Economic Zone (SCZONE) signed an agreement for the UAE-based Alpha Smart project to develop an integrated complex of turnkey-ready-made factories in the Ain Sokhna Industrial Zone, with direct investments of $100 million.

The General Authority for the Suez Canal Economic Zone (SCZONE) has signed a contract with Türkiye-based companies Dinamik Raus Tekstil and Yiltem Apparel to establish a ready-made garments and textiles factory in the Qantara West Industrial Zone, with investments valued at $8 million.

Prime Minister Mostafa Madbouly inaugurated the second phase expansions of the Ateco Pharma Egypt factory for intravenous medical solutions in Ain Sokhna Industrial Zone, with investments of $10 million, bringing the project’s total investment to $60 million.

Egypt’s Prime Minister Mostafa Madbouly inaugurated the HK Ding Chang Sheng Group Co., Ltd. factory for home textile production in the Ain Sokhna Integrated Industrial Zone, with investments of $6 million, as part of his tour of projects within the General Authority for the Suez Canal Economic Zone (SCZONE).

Egypt’s Prime Minister Mostafa Madbouly inaugurated the New Seflon factory for aluminum products and cookware in the Sokhna Integrated Industrial Zone, with total investments of $2.5 million, as part of his tour of projects under the General Authority for the Suez Canal Economic Zone (SCZONE).

The General Authority for the Suez Canal Economic Zone (SCZONE) has signed a $16.5 million agreement with Turkish company ELA Tekstil to establish a ready-made garment and denim factory in the Qantara West Industrial Zone.

Prime Minister Mostafa Madbouly witnessed the opening of the National Sinai for Plastic Industries (NSPI) factory in the Bir al-Abd industrial zone in North Sinai, marking a new step in the government’s efforts to expand industrial development across the country.

Banque Misr signed a medium-term credit facility worth EGP 2.7 billion with MAC for Mobility Manufacturing, a subsidiary of Mansour Automotive, to finance the construction of a new car assembly plant.

Minister of Investment and Foreign Trade Mohamed Farid met with senior executives from China’s Himile Group to discuss plans to establish a $100 million industrial project in Egypt to produce tire molds and industrial components.

Commercial International Bank (CIB) signed a partnership and financing agreement with textile manufacturer Paradise Textiles and a group of related companies to fund the establishment of what is set to be the largest eco-friendly textile manufacturing plant in Alexandria’s Amreya Free Zone.

DrasChem Specialty Chemicals is moving forward with plans to establish a sodium cyanide production plant at the Sidi Kerir Petrochemicals (SIDPEC) complex in Alexandria, following high-level discussions with the CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed El-Gawsaky.

Minister of Investment and Foreign Trade Hassan El-Khatib met with senior executives from Turkish firm Bonny Socks to discuss plans to establish a new textile factory in Egypt.